Plan5500

Brotherhood Of Maintenance Of Way Employes Divisio N (Bmwed) Of The International Brotherhood Of Team Sters (Ibt) 401(K) Retirement Savings — Form 5500 plan (Brotherhood Of Maintenance Of Way Employes Div. (Bmwed) Of The Intl.)

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 Divisio N (Bmwed) Of The International Brotherhood Of Team Sters (Ibt) 401(K) Retirement Savings is a benefit plan reported by Brotherhood Of Maintenance Of Way Employes Div. (Bmwed) Of The Intl. under EIN 38-6004309 and plan number 002. The latest loaded filing year is 2023. The filing reports 169 participants and $10,022,370 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10MPlan net assets, end of year$10,022,370
Participants169Covered participants reported
Assets / participant$59.3KComputed: assets ÷ participants$59,304 (computed)
Provider compensation$14.7K1 Schedule C provider row(s)$14,747
Plan sponsor
Brotherhood Of Maintenance Of Way Employes Div. (Bmwed) Of The Intl.
EIN
38-6004309
Plan number
002
Plan type
2
Location
Novi, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023169H, C20241011103514NAL0012375763001
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)$10M total assets
Net assets$10MLiabilities$0
Money in vs. money out
Total income / additions$2.1M
Total expenses$554.6K
Benefits paid / distributions$539.8K
Contributions
Employer$10.6K
Participant$598.2K
Full reported line items

Net assets

Total assets (EOY)
$10,022,370
Total liabilities (EOY)
$0
Net assets (EOY)
$10,022,370
Net assets (BOY)
$8,494,684

Income & contributions

Employer contributions
$10,603
Participant contributions
$598,211
Total contributions
$608,814
Total income / additions
$2,082,280

Expenses & distributions

Benefits paid
$539,846
Administrative expenses
$14,748
Total expenses
$554,594
Net increase / (decrease)
$1,527,686
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.

Contribution share (employer vs. participant)
Employer 2%Participant 98%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$14,747$02023

Related Form 5500 pages