Ibew Local 508 Pension Fund — Form 5500 plan (Ibew Local 508 Pension Fund)
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 508 Pension Fund is a benefit plan reported by Ibew Local 508 Pension Fund under EIN 58-6117431 and plan number 002. The latest loaded filing year is 2023. The filing reports 803 participants and $73,593,531 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local 508 Pension Fund
- EIN
- 58-6117431
- Plan number
- 002
- Plan type
- 1
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 803
- End-of-year plan assets
- $73,593,531
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 803 | H, C | 20250414224510NAL0004327696001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,593,531
- Total liabilities (EOY)
- $31,273
- Net assets (EOY)
- $73,562,258
- Net assets (BOY)
- $63,430,089
Income & contributions
- Employer contributions
- $3,565,016
- Total contributions
- $3,565,016
- Total income / additions
- $12,751,459
Expenses & distributions
- Benefits paid
- $2,330,095
- Administrative expenses
- $289,195
- Total expenses
- $2,619,290
- Net increase / (decrease)
- $10,132,169
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Group, Inc. | NONE | $52,963 | $0 | 2023 |
| Smith, Gambrell And Russell, Llp | NONE | $28,316 | not reported in the loaded dataset | 2023 |
| National Employee Benefit Admin | NONE | $22,791 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Global Banking | NONE | $22,500 | not reported in the loaded dataset | 2023 |
| Novak Francella, LLC | NONE | $18,819 | not reported in the loaded dataset | 2023 |
| Bha Consulting LLC | NONE | $9,222 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local 508 Pension Fund
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Vanguard Group, Inc. — Schedule C compensation
- Smith, Gambrell And Russell, Llp — Schedule C compensation
- National Employee Benefit Admin — Schedule C compensation
- Morgan Stanley Global Banking — Schedule C compensation
- Novak Francella, LLC — Schedule C compensation
- Bha Consulting LLC — Schedule C compensation