Freight Drivers And Helpers Local Union No. 557 Pension Plan — Form 5500 plan (Board Of Trustees, Freight Drivers And Helpers Local Union No. 557)

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, Freight Drivers And Helpers Local Union No. 557 Pension Plan is a benefit plan reported by Board Of Trustees, Freight Drivers And Helpers Local Union No. 557 under EIN 52-6118055 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,207 participants and $214,162,886 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees, Freight Drivers And Helpers Local Union No. 557
EIN
52-6118055
Plan number
001
Plan type
1
Location
Columbia, MD
Latest filing year
2023
Participants
2,207
End-of-year plan assets
$214,162,886

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,207H, C20241014143011NAL0046363424004

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$214,162,886
Total liabilities (EOY)
$96,850
Net assets (EOY)
$214,066,036
Net assets (BOY)
$202,767,088

Income & contributions

Employer contributions
$2,642,696
Total contributions
$2,642,696
Total income / additions
$28,082,940

Expenses & distributions

Benefits paid
$16,314,301
Administrative expenses
$469,691
Total expenses
$16,783,992
Net increase / (decrease)
$11,298,948

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Benefits Administration, LLCPLAN ADMINISTRATOR$252,612not reported in the loaded dataset2023
Ryan Alm, IncINVESTMENT MANAGER$138,147not reported in the loaded dataset2023
Fiduciaryvest, LLCINVESTMENT ADVISORS$86,984not reported in the loaded dataset2023
The Segal CompanyACTUARY$81,433not reported in the loaded dataset2023
Morgan, Lewis & Bockius, LlpLEGAL COUNSEL$79,597not reported in the loaded dataset2023
Abato, Rubenstein & Abato, P.A.LEGAL COUNSEL$77,667not reported in the loaded dataset2023
HcflAUDITOR$35,375not reported in the loaded dataset2023
Us BankCUSTODIAL$30,451$02023
Pnc Bank, NaCUSTODIAL$21,901not reported in the loaded dataset2023

Related Form 5500 pages