I. B. E. W. Local Union No. 124 Annuity Plan — Form 5500 plan (Ibew Local Union No. 124)
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, I. B. E. W. Local Union No. 124 Annuity Plan is a benefit plan reported by Ibew Local Union No. 124 under EIN 43-1269910 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,529 participants and $394,489,511 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union No. 124
- EIN
- 43-1269910
- Plan number
- 001
- Plan type
- 1
- Location
- Kansas City, MO
- Latest filing year
- 2023
- Participants
- 3,529
- End-of-year plan assets
- $394,489,511
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,529 | H, C | 20241011141234NAL0011005331001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $394,489,511
- Total liabilities (EOY)
- $470,603
- Net assets (EOY)
- $394,018,908
- Net assets (BOY)
- $327,753,149
Income & contributions
- Employer contributions
- $21,277,195
- Total contributions
- $21,277,195
- Total income / additions
- $82,310,421
Expenses & distributions
- Benefits paid
- $15,519,086
- Administrative expenses
- $525,576
- Total expenses
- $16,044,662
- Net increase / (decrease)
- $66,265,759
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $221,763 | $0 | 2023 |
| Local Union 124 Benefit Office | PARTY-IN-INTEREST | $159,920 | not reported in the loaded dataset | 2023 |
| Arnold, Newbold, Sollars & Hollins | LEGAL | $76,438 | not reported in the loaded dataset | 2023 |
| Construction Benefits Audit Corp | NONE | $25,987 | not reported in the loaded dataset | 2023 |
| Segal Marco Advisors | INVESTMENT ADVISORY | $22,052 | not reported in the loaded dataset | 2023 |
| Rubinbrown Llp | AUDITOR | $18,200 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union No. 124
- 2023 Form 5500 filing
- Form 5500 filings in MO
- 401(k) and benefit plan filings in Kansas City, MO
- Principal Life Insurance Company — Schedule C compensation
- Local Union 124 Benefit Office — Schedule C compensation
- Arnold, Newbold, Sollars & Hollins — Schedule C compensation
- Construction Benefits Audit Corp — Schedule C compensation
- Segal Marco Advisors — Schedule C compensation
- Rubinbrown Llp — Schedule C compensation