Ibew Local 129 Pension Fund Pension Plan — Form 5500 plan (Ibew Union Local 129)
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, Ibew Local 129 Pension Fund Pension Plan is a benefit plan reported by Ibew Union Local 129 under EIN 34-6701406 and plan number 001. The latest loaded filing year is 2023. The filing reports 691 participants and $116,886,401 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Union Local 129
- EIN
- 34-6701406
- Plan number
- 001
- Plan type
- 1
- Location
- Troy, MI
- Latest filing year
- 2023
- Participants
- 691
- End-of-year plan assets
- $116,886,401
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 691 | H, C | 20250215111506NAL0025677617001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $116,886,401
- Total liabilities (EOY)
- $428,578
- Net assets (EOY)
- $116,457,823
- Net assets (BOY)
- $109,009,215
Income & contributions
- Employer contributions
- $2,746,432
- Total contributions
- $2,746,432
- Total income / additions
- $15,187,161
Expenses & distributions
- Benefits paid
- $7,065,485
- Administrative expenses
- $673,068
- Total expenses
- $7,738,553
- Net increase / (decrease)
- $7,448,608
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American Realty Advisors | NONE | $109,505 | not reported in the loaded dataset | 2023 |
| Newport Investment Advisors | NONE | $108,260 | not reported in the loaded dataset | 2023 |
| Solxsys Administrative Solutions | NONE | $107,038 | not reported in the loaded dataset | 2023 |
| Ullico Investment Advisors | NONE | $75,112 | not reported in the loaded dataset | 2023 |
| Horizon Actuarial Services | NONE | $58,891 | not reported in the loaded dataset | 2023 |
| Andco Consulting | NONE | $53,500 | not reported in the loaded dataset | 2023 |
| Allotta Farley Co Lpa | NONE | $47,857 | not reported in the loaded dataset | 2023 |
| Garcia Hamilton & Associates | NONE | $19,095 | not reported in the loaded dataset | 2023 |
| Keybank | NONE | $15,743 | not reported in the loaded dataset | 2023 |
| Dgperry | NONE | $11,148 | not reported in the loaded dataset | 2023 |
| Bridgeway Benefit Technologies | NONE | $10,000 | not reported in the loaded dataset | 2023 |
| Todd Associates, Inc. | NONE | $8,138 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Union Local 129
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Troy, MI
- American Realty Advisors — Schedule C compensation
- Newport Investment Advisors — Schedule C compensation
- Solxsys Administrative Solutions — Schedule C compensation
- Ullico Investment Advisors — Schedule C compensation
- Horizon Actuarial Services — Schedule C compensation
- Andco Consulting — Schedule C compensation
- Allotta Farley Co Lpa — Schedule C compensation
- Garcia Hamilton & Associates — Schedule C compensation
- Keybank — Schedule C compensation
- Dgperry — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- Todd Associates, Inc. — Schedule C compensation