Intl Brotherhood Of Elec Work. Loc 58 Sound & Communications — Form 5500 plan (Board Of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret)

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, Intl Brotherhood Of Elec Work. Loc 58 Sound & Communications is a benefit plan reported by Board Of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret under EIN 38-6233909 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,629 participants and $70,303,130 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Intl Brotherhood Elec Workers Sound & Comm Div Ret
EIN
38-6233909
Plan number
002
Plan type
1
Location
Madison Heights, MI
Latest filing year
2023
Participants
1,629
End-of-year plan assets
$70,303,130

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,629H, C20241115073007NAL0001365090001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$70,303,130
Total liabilities (EOY)
$32,091
Net assets (EOY)
$70,271,039
Net assets (BOY)
$62,973,160

Income & contributions

Employer contributions
$6,388,309
Total contributions
$6,388,309
Total income / additions
$9,339,202

Expenses & distributions

Benefits paid
$1,654,194
Administrative expenses
$387,129
Total expenses
$2,041,323
Net increase / (decrease)
$7,297,879

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sarah PadgettEMPLOYEE (WAGES PAID)$56,950not reported in the loaded dataset2023
E Craig YoungEMPLOYEE (WAGES PAID)$47,308not reported in the loaded dataset2023
Mcclain Smith & Wenz PcAUDITOR OF PARENT ORGANIZ$26,521not reported in the loaded dataset2023
United Actuarial Services Inc.NONE$22,500not reported in the loaded dataset2023
Comerica BankNONE$22,364$02023
Benesys IncNONE$11,628not reported in the loaded dataset2023
Watkins Pawlick Calati & Prifti, PcNONE$8,198not reported in the loaded dataset2023
AuxiomNONE$7,434not reported in the loaded dataset2023
Solxsys Administrative SolutionsNONE$6,756not reported in the loaded dataset2023
Morgan StanleyNONE$5,000not reported in the loaded dataset2023

Related Form 5500 pages