Ibew Local 347 Retirement And 401(K) Plan — Form 5500 plan (Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees)
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, Ibew Local 347 Retirement And 401(K) Plan is a benefit plan reported by Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees under EIN 45-4356227 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,959 participants and $394,564,826 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees
- EIN
- 45-4356227
- Plan number
- 001
- Plan type
- 1
- Location
- Troy, MI
- Latest filing year
- 2023
- Participants
- 2,959
- End-of-year plan assets
- $394,564,826
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,959 | H, C | 20250307133007NAL0018616784001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $394,564,826
- Total liabilities (EOY)
- $629,369
- Net assets (EOY)
- $393,935,457
- Net assets (BOY)
- $329,649,156
Income & contributions
- Employer contributions
- $20,624,799
- Participant contributions
- $1,762,774
- Total contributions
- $23,307,575
- Total income / additions
- $83,072,262
Expenses & distributions
- Benefits paid
- $18,141,375
- Administrative expenses
- $644,586
- Total expenses
- $18,785,961
- Net increase / (decrease)
- $64,286,301
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | not reported in the loaded dataset | $317,642 | $0 | 2023 |
| Compusys Of Utah, Inc. | not reported in the loaded dataset | $81,427 | not reported in the loaded dataset | 2023 |
| Blake & Uhlig | not reported in the loaded dataset | $66,311 | not reported in the loaded dataset | 2023 |
| Fiducient Advisors | not reported in the loaded dataset | $43,392 | not reported in the loaded dataset | 2023 |
| Deboer & Associates, Pc | not reported in the loaded dataset | $34,760 | not reported in the loaded dataset | 2023 |
| Solxsys Administrative Solutions | not reported in the loaded dataset | $13,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Troy, MI
- Principal Life Insurance Company — Schedule C compensation
- Compusys Of Utah, Inc. — Schedule C compensation
- Blake & Uhlig — Schedule C compensation
- Fiducient Advisors — Schedule C compensation
- Deboer & Associates, Pc — Schedule C compensation
- Solxsys Administrative Solutions — Schedule C compensation