Brotherhood Of Maintenance Of Way Employes Pension Plan — Form 5500 plan (Brotherhood Of Maintenance Of Way Employes Division Of Ibt)

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, Brotherhood Of Maintenance Of Way Employes Pension Plan is a benefit plan reported by Brotherhood Of Maintenance Of Way Employes Division Of Ibt under EIN 38-6004309 and plan number 001. The latest loaded filing year is 2023. The filing reports 119 participants and $25,986,666 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$26MPlan net assets, end of year$25,986,666
Participants119Covered participants reported
Assets / participant$218.4KComputed: assets ÷ participants$218,375 (computed)
Provider compensationNone reported
Plan sponsor
Brotherhood Of Maintenance Of Way Employes Division Of Ibt
EIN
38-6004309
Plan number
001
Plan type
2
Location
Novi, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023119I20241014103007NAL0027029185004
Schedule I · 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)$26M total assets
Net assets$26MLiabilities
Money in vs. money out
Total income / additions$3.3M
Total expenses$2.2M
Benefits paid / distributions$2M
Contributions
Employer$827.3K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$25,986,666
Net assets (EOY)
$25,986,666
Net assets (BOY)
$24,919,101

Income & contributions

Employer contributions
$827,287
Total income / additions
$3,300,459

Expenses & distributions

Benefits paid
$1,959,540
Administrative expenses
$266,051
Total expenses
$2,232,894
Net increase / (decrease)
$1,067,565
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 assets9%Computed ratio
Benefits paid ÷ total income59%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages