I.B.E.W. Local 673 Profit Sharing Annuity Plan — Form 5500 plan (I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, I.B.E.W. Local 673 Profit Sharing Annuity Plan is a benefit plan reported by I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees under EIN 34-6661994 and plan number 002. The latest loaded filing year is 2023. The filing reports 544 participants and $49,061,713 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees
- EIN
- 34-6661994
- Plan number
- 002
- Plan type
- 1
- Location
- Mentor, OH
- Latest filing year
- 2023
- Participants
- 544
- End-of-year plan assets
- $49,061,713
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 544 | H, C | 20241014164511NAL0027890257010 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,061,713
- Total liabilities (EOY)
- $102,226
- Net assets (EOY)
- $48,959,487
- Net assets (BOY)
- $44,486,491
Income & contributions
- Employer contributions
- $1,559,818
- Participant contributions
- $89,243
- Total contributions
- $1,767,699
- Total income / additions
- $7,804,942
Expenses & distributions
- Benefits paid
- $3,169,895
- Administrative expenses
- $162,051
- Total expenses
- $3,331,946
- Net increase / (decrease)
- $4,472,996
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc | NONE | $54,457 | not reported in the loaded dataset | 2023 |
| Solxsys Administrative Solutions | NONE | $36,000 | not reported in the loaded dataset | 2023 |
| Gallovic, Granito, & Co Ltd | NONE | $31,956 | not reported in the loaded dataset | 2023 |
| Macala & Piatt, L.L.C. | NONE | $8,186 | not reported in the loaded dataset | 2023 |
| Todd Associates, Inc. | NONE | $6,249 | not reported in the loaded dataset | 2023 |
| Ibew 673 Fringe Benefit Funds Inc | FIDUCIARY | $5,616 | not reported in the loaded dataset | 2023 |
| John Hancock Retirement Plan Svcs | NONE | $1,125 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Mentor, OH
- Ubs Financial Services Inc — Schedule C compensation
- Solxsys Administrative Solutions — Schedule C compensation
- Gallovic, Granito, & Co Ltd — Schedule C compensation
- Macala & Piatt, L.L.C. — Schedule C compensation
- Todd Associates, Inc. — Schedule C compensation
- Ibew 673 Fringe Benefit Funds Inc — Schedule C compensation
- John Hancock Retirement Plan Svcs — Schedule C compensation