Beer Industry - Local Union No. 703 Individual Account Plan — Form 5500 plan (Beer Industry - Local Union No. 703 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, Beer Industry - Local Union No. 703 Individual Account Plan is a benefit plan reported by Beer Industry - Local Union No. 703 Trustees under EIN 36-6522619 and plan number 002. The latest loaded filing year is 2023. The filing reports 979 participants and $8,468,698 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.5MPlan net assets, end of year$8,458,394
Participants979Covered participants reported
Assets / participant$8.7KComputed: assets ÷ participants$8,650 (computed)
Provider compensation$19.4K2 Schedule C provider row(s)$19,413
- Plan sponsor
- Beer Industry - Local Union No. 703 Trustees
- EIN
- 36-6522619
- Plan number
- 002
- Plan type
- 1
- Location
- Tinley Park, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 979 | H, C | 20241011110427NAL0010847027004 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.5M total assets
Net assets$8.5MLiabilities$10.3K
Full reported line items
Net assets
- Total assets (EOY)
- $8,468,698
- Total liabilities (EOY)
- $10,304
- Net assets (EOY)
- $8,458,394
- Net assets (BOY)
- $7,981,265
Income & contributions
- Employer contributions
- $263,589
- Total contributions
- $263,589
- Total income / additions
- $1,082,634
Expenses & distributions
- Benefits paid
- $581,813
- Administrative expenses
- $23,692
- Total expenses
- $605,505
- Net increase / (decrease)
- $477,129
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Legacy Professionals Llp | NONE | $13,500 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | NONE | $5,913 | not reported in the loaded dataset | 2023 |