I.B.E.W. Local Union 481 Defined Contribution Plan — Form 5500 plan (Ibew Local Union 481 Defined Contribution)
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 Union 481 Defined Contribution Plan is a benefit plan reported by Ibew Local Union 481 Defined Contribution under EIN 35-1501496 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,978 participants and $268,369,786 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 481 Defined Contribution
- EIN
- 35-1501496
- Plan number
- 003
- Plan type
- 1
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 2,978
- End-of-year plan assets
- $268,369,786
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,978 | H, C | 20250204081036NAL0008214257001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $268,369,786
- Total liabilities (EOY)
- $1,765,906
- Net assets (EOY)
- $266,603,880
- Net assets (BOY)
- $245,487,123
Income & contributions
- Employer contributions
- $13,609,806
- Total contributions
- $13,641,287
- Total income / additions
- $42,020,648
Expenses & distributions
- Benefits paid
- $20,353,468
- Administrative expenses
- $550,423
- Total expenses
- $20,903,891
- Net increase / (decrease)
- $21,116,757
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Servic | NONE | $192,749 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Smith Barney LLC | NONE | $75,000 | not reported in the loaded dataset | 2023 |
| David Ray | ADMINISTRATOR | $68,004 | not reported in the loaded dataset | 2023 |
| Legacy Professionals Llp | NONE | $33,629 | not reported in the loaded dataset | 2023 |
| Ledbetter & Parisi, LLC | NONE | $20,472 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 481 Defined Contribution
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Indianapolis, IN
- John Hancock Retirement Plan Servic — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- David Ray — Schedule C compensation
- Legacy Professionals Llp — Schedule C compensation
- Ledbetter & Parisi, LLC — Schedule C compensation