Ibew Local 466 Pension Plan — Form 5500 plan (Joint Board Of Trustees Of Ibew Local 466 Pension)

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 466 Pension Plan is a benefit plan reported by Joint Board Of Trustees Of Ibew Local 466 Pension under EIN 55-0708649 and plan number 001. The latest loaded filing year is 2023. The filing reports 453 participants and $128,568,962 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Joint Board Of Trustees Of Ibew Local 466 Pension
EIN
55-0708649
Plan number
001
Plan type
1
Location
Ona, WV
Latest filing year
2023
Participants
453
End-of-year plan assets
$128,568,962

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023453H, C20241013144506NAL0012461635001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$128,568,962
Total liabilities (EOY)
$85,082
Net assets (EOY)
$128,483,880
Net assets (BOY)
$110,605,867

Income & contributions

Employer contributions
$4,868,799
Participant contributions
$131,514
Total contributions
$5,000,313
Total income / additions
$26,414,187

Expenses & distributions

Benefits paid
$8,404,588
Administrative expenses
$131,586
Total expenses
$8,536,174
Net increase / (decrease)
$17,878,013

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
American Benefit CorporationCONTRACT ADMINISTRATOR$30,000not reported in the loaded dataset2023
Standard ValuationsINVESTMENT CONSULTANT$24,750not reported in the loaded dataset2023
Peter L SmithCONSULTANT$20,681not reported in the loaded dataset2023
John Dascoli PllcATTORNEY$14,317not reported in the loaded dataset2023
Frank N Hestand Cpa PscAUDITOR$11,048not reported in the loaded dataset2023
Emplower Advisory GroupINVESTMENT MANAGER$4,386not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$0$02023

Related Form 5500 pages