Teamsters Local Union 299 Multi Employer 401(K) Plan — Form 5500 plan (Teamsters Local Union 299)
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, Teamsters Local Union 299 Multi Employer 401(K) Plan is a benefit plan reported by Teamsters Local Union 299 under EIN 38-0679250 and plan number 001. The latest loaded filing year is 2023. The filing reports 424 participants and $7,416,362 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Local Union 299
- EIN
- 38-0679250
- Plan number
- 001
- Plan type
- 1
- Location
- Detroit, MI
- Latest filing year
- 2023
- Participants
- 424
- End-of-year plan assets
- $7,416,362
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 424 | H, C | 20241015151510NAL0014938867005 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,416,362
- Total liabilities (EOY)
- $33,876
- Net assets (EOY)
- $7,382,486
- Net assets (BOY)
- $6,518,486
Income & contributions
- Employer contributions
- $137,178
- Participant contributions
- $236,024
- Total contributions
- $373,202
- Total income / additions
- $1,282,450
Expenses & distributions
- Benefits paid
- $277,420
- Administrative expenses
- $92,559
- Total expenses
- $418,450
- Net increase / (decrease)
- $864,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits & Financial Group | RECORDKEEPER | $34,959 | not reported in the loaded dataset | 2023 |
| Lotito & Lazzara, P.C. | AUDITOR | $25,000 | not reported in the loaded dataset | 2023 |
| Cygnet Financial Planning, Inc. | INVESTMENT ADVISOR | $8,593 | not reported in the loaded dataset | 2023 |
| Fiduciary Firewall Consulting | CONSULTANT | $6,243 | not reported in the loaded dataset | 2023 |
| Fidelity Investments | CUSTODIAN | $5,043 | not reported in the loaded dataset | 2023 |
| Corporate Plan Administrators, Inc. | THIRD PARTY ADMINISTRATOR | $4,800 | not reported in the loaded dataset | 2023 |
| Varnum Llp | LEGAL | $567 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teamsters Local Union 299
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Detroit, MI
- Sentinel Benefits & Financial Group — Schedule C compensation
- Lotito & Lazzara, P.C. — Schedule C compensation
- Cygnet Financial Planning, Inc. — Schedule C compensation
- Fiduciary Firewall Consulting — Schedule C compensation
- Fidelity Investments — Schedule C compensation
- Corporate Plan Administrators, Inc. — Schedule C compensation
- Varnum Llp — Schedule C compensation