Local Union No 306 Ibew Pension Annuity Plan — Form 5500 plan (Local Union 306 Ibew Pension Annuity Fund 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, Local Union No 306 Ibew Pension Annuity Plan is a benefit plan reported by Local Union 306 Ibew Pension Annuity Fund Trustees under EIN 34-6689590 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,389 participants and $263,263,297 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Local Union 306 Ibew Pension Annuity Fund Trustees
- EIN
- 34-6689590
- Plan number
- 001
- Plan type
- 1
- Location
- Canfield, OH
- Latest filing year
- 2023
- Participants
- 1,389
- End-of-year plan assets
- $263,263,297
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,389 | H, C | 20241010103007NAL0020822977001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $263,263,297
- Net assets (EOY)
- $263,263,297
- Net assets (BOY)
- $231,765,342
Income & contributions
- Employer contributions
- $10,844,417
- Total contributions
- $10,844,417
- Total income / additions
- $49,945,804
Expenses & distributions
- Benefits paid
- $18,137,318
- Administrative expenses
- $310,531
- Total expenses
- $18,447,849
- Net increase / (decrease)
- $31,497,955
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $95,669 | $0 | 2023 |
| Ubs Financial Services Inc | INVESTMENT CONSULTANT | $80,000 | not reported in the loaded dataset | 2023 |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $35,101 | not reported in the loaded dataset | 2023 |
| Andco Consulting | INVESTMENT CONSULTANT | $26,000 | not reported in the loaded dataset | 2023 |
| Faulkner, Hoffman & Phillips, LLC | ATTORNEY | $15,005 | not reported in the loaded dataset | 2023 |
| City Printing | PRINTING SERVICES | $10,840 | not reported in the loaded dataset | 2023 |
| Yurchyk & Davis Cpas Inc | AUDITOR | $10,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Local Union 306 Ibew Pension Annuity Fund Trustees
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canfield, OH
- Empower Annuity Insurance Company — Schedule C compensation
- Ubs Financial Services Inc — Schedule C compensation
- Benesys, Inc — Schedule C compensation
- Andco Consulting — Schedule C compensation
- Faulkner, Hoffman & Phillips, LLC — Schedule C compensation
- City Printing — Schedule C compensation
- Yurchyk & Davis Cpas Inc — Schedule C compensation