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IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 401k Plan overview

Plan NameIBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN
Plan identification number 001

IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.

401k Sponsoring company profile

IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN has sponsored the creation of one or more 401k plans.

Company Name:IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN
Employer identification number (EIN):351488049
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01DOUG IRWIN
0012023-01-01
0012023-01-01DOUG IRWIN
0012022-01-01
0012022-01-01DOUG IRWIN
0012021-01-01
0012021-01-01DOUG IRWIN
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01DOUG IRWIN
0012016-01-01DOUG IRWIN
0012015-01-01DOUG IRWIN
0012014-01-01DOUG IRWIN
0012013-01-01DOUG IRWIN
0012012-01-01DOUG IRWIN
0012011-01-01DOUG IRWIN
0012009-01-01DOUG IRWIN
0012009-01-01DOUG IRWIN

Financial Data on IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN

Measure Date Value
2024 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2024 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2024-01-01$242,241
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2024-01-01$72,065
Total income from all sources (including contributions)2024-01-01$75,196,660
Total of all expenses incurred2024-01-01$19,692,408
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2024-01-01$19,472,991
Total contributions o plan (from employers,participants, others, non cash contrinutions)2024-01-01$15,157,855
Value of total assets at end of year2024-01-01$434,339,446
Value of total assets at beginning of year2024-01-01$378,665,018
Total of administrative expenses incurred including professional, contract, advisory and management fees2024-01-01$219,417
Total interest from all sources2024-01-01$1,766,967
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2024-01-01No
Was this plan covered by a fidelity bond2024-01-01Yes
Value of fidelity bond cover2024-01-01$500,000
If this is an individual account plan, was there a blackout period2024-01-01No
Were there any nonexempt tranactions with any party-in-interest2024-01-01No
Assets. Other investments not covered elsewhere at end of year2024-01-01$9,246
Assets. Other investments not covered elsewhere at beginning of year2024-01-01$10,357
Value of other receiveables (less allowance for doubtful accounts) at end of year2024-01-01$34,597
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2024-01-01$1,651
Other income not declared elsewhere2024-01-01$36,816
Administrative expenses (other) incurred2024-01-01$60,676
Liabilities. Value of operating payables at end of year2024-01-01$242,241
Liabilities. Value of operating payables at beginning of year2024-01-01$72,065
Total non interest bearing cash at end of year2024-01-01$1,712,637
Total non interest bearing cash at beginning of year2024-01-01$1,750,218
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2024-01-01No
Value of net income/loss2024-01-01$55,504,252
Value of net assets at end of year (total assets less liabilities)2024-01-01$434,097,205
Value of net assets at beginning of year (total assets less liabilities)2024-01-01$378,592,953
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2024-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2024-01-01No
Were any leases to which the plan was party in default or uncollectible2024-01-01No
Investment advisory and management fees2024-01-01$33,714
Value of interest in registered invesment companies (eg mutual funds) at end of year2024-01-01$383,751,317
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2024-01-01$320,763,391
Interest earned on other investments2024-01-01$1,757,043
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2024-01-01$9,924
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2024-01-01$47,451,571
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2024-01-01$53,305,446
Net investment gain/loss from registered investment companies (e.g. mutual funds)2024-01-01$58,235,022
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2024-01-01No
Was there a failure to transmit to the plan any participant contributions2024-01-01No
Has the plan failed to provide any benefit when due under the plan2024-01-01No
Contributions received in cash from employer2024-01-01$15,157,855
Employer contributions (assets) at end of year2024-01-01$1,380,078
Employer contributions (assets) at beginning of year2024-01-01$1,186,730
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2024-01-01$19,472,991
Contract administrator fees2024-01-01$90,600
Did the plan have assets held for investment2024-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2024-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2024-01-01No
Opinion of an independent qualified public accountant for this plan2024-01-011
Accountancy firm name2024-01-01DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2024-01-01621802605
2023 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2023 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$72,065
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-12-31$51,215
Total income from all sources (including contributions)2023-12-31$69,275,243
Total of all expenses incurred2023-12-31$21,735,515
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-12-31$21,483,849
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-12-31$13,464,283
Value of total assets at end of year2023-12-31$378,665,018
Value of total assets at beginning of year2023-12-31$331,104,440
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-12-31$251,666
Total interest from all sources2023-12-31$1,924,971
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-12-31No
Was this plan covered by a fidelity bond2023-12-31Yes
Value of fidelity bond cover2023-12-31$500,000
If this is an individual account plan, was there a blackout period2023-12-31No
Were there any nonexempt tranactions with any party-in-interest2023-12-31No
Assets. Other investments not covered elsewhere at end of year2023-12-31$10,357
Assets. Other investments not covered elsewhere at beginning of year2023-12-31$11,412
Income. Received or receivable in cash from other sources (including rollovers)2023-12-31$295,385
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-12-31$1,651
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-12-31$4,353
Other income not declared elsewhere2023-12-31$33,954
Administrative expenses (other) incurred2023-12-31$42,889
Liabilities. Value of operating payables at end of year2023-12-31$72,065
Liabilities. Value of operating payables at beginning of year2023-12-31$51,215
Total non interest bearing cash at end of year2023-12-31$1,750,218
Total non interest bearing cash at beginning of year2023-12-31$1,770,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Value of net income/loss2023-12-31$47,539,728
Value of net assets at end of year (total assets less liabilities)2023-12-31$378,592,953
Value of net assets at beginning of year (total assets less liabilities)2023-12-31$331,053,225
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-12-31No
Were any leases to which the plan was party in default or uncollectible2023-12-31No
Investment advisory and management fees2023-12-31$32,450
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-12-31$320,763,391
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-12-31$265,641,505
Interest earned on other investments2023-12-31$1,905,760
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-12-31$1,647,225
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2023-12-31$7,268,084
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2023-12-31$7,268,084
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-12-31$19,211
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-12-31$53,305,446
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-12-31$55,240,032
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-12-31$53,852,035
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-12-31No
Was there a failure to transmit to the plan any participant contributions2023-12-31No
Has the plan failed to provide any benefit when due under the plan2023-12-31No
Contributions received in cash from employer2023-12-31$13,168,898
Employer contributions (assets) at end of year2023-12-31$1,186,730
Employer contributions (assets) at beginning of year2023-12-31$1,168,162
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-12-31$21,483,849
Contract administrator fees2023-12-31$84,000
Did the plan have assets held for investment2023-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-12-31No
Opinion of an independent qualified public accountant for this plan2023-12-31Unqualified
Accountancy firm name2023-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2023-12-31621802605
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$72,065
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-01-01$51,215
Total income from all sources (including contributions)2023-01-01$69,275,243
Total of all expenses incurred2023-01-01$21,735,515
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-01-01$21,483,849
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-01-01$13,464,283
Value of total assets at end of year2023-01-01$378,665,018
Value of total assets at beginning of year2023-01-01$331,104,440
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-01-01$251,666
Total interest from all sources2023-01-01$1,924,971
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-01-01No
Was this plan covered by a fidelity bond2023-01-01Yes
Value of fidelity bond cover2023-01-01$500,000
If this is an individual account plan, was there a blackout period2023-01-01No
Were there any nonexempt tranactions with any party-in-interest2023-01-01No
Assets. Other investments not covered elsewhere at end of year2023-01-01$10,357
Assets. Other investments not covered elsewhere at beginning of year2023-01-01$11,412
Income. Received or receivable in cash from other sources (including rollovers)2023-01-01$295,385
Value of other receiveables (less allowance for doubtful accounts) at end of year2023-01-01$1,651
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2023-01-01$4,353
Other income not declared elsewhere2023-01-01$33,954
Administrative expenses (other) incurred2023-01-01$42,889
Liabilities. Value of operating payables at end of year2023-01-01$72,065
Liabilities. Value of operating payables at beginning of year2023-01-01$51,215
Total non interest bearing cash at end of year2023-01-01$1,750,218
Total non interest bearing cash at beginning of year2023-01-01$1,770,892
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Value of net income/loss2023-01-01$47,539,728
Value of net assets at end of year (total assets less liabilities)2023-01-01$378,592,953
Value of net assets at beginning of year (total assets less liabilities)2023-01-01$331,053,225
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2023-01-01No
Were any leases to which the plan was party in default or uncollectible2023-01-01No
Investment advisory and management fees2023-01-01$32,450
Value of interest in registered invesment companies (eg mutual funds) at end of year2023-01-01$320,763,391
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2023-01-01$265,641,505
Interest earned on other investments2023-01-01$1,905,760
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2023-01-01$1,647,225
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2023-01-01$19,211
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2023-01-01$53,305,446
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2023-01-01$55,240,032
Net investment gain/loss from registered investment companies (e.g. mutual funds)2023-01-01$53,852,035
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-01-01No
Was there a failure to transmit to the plan any participant contributions2023-01-01No
Has the plan failed to provide any benefit when due under the plan2023-01-01No
Contributions received in cash from employer2023-01-01$13,168,898
Employer contributions (assets) at end of year2023-01-01$1,186,730
Employer contributions (assets) at beginning of year2023-01-01$1,168,162
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-01-01$21,483,849
Contract administrator fees2023-01-01$84,000
Did the plan have assets held for investment2023-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-01-01No
Opinion of an independent qualified public accountant for this plan2023-01-011
Accountancy firm name2023-01-01DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2023-01-01621802605
2022 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2022 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$51,215
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$122,439
Total income from all sources (including contributions)2022-12-31$-46,162,622
Total of all expenses incurred2022-12-31$20,416,555
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$20,200,706
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$12,423,470
Value of total assets at end of year2022-12-31$331,104,440
Value of total assets at beginning of year2022-12-31$397,754,841
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$215,849
Total interest from all sources2022-12-31$1,658,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$51,466
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Assets. Other investments not covered elsewhere at end of year2022-12-31$11,412
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$10,006
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$4,353
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$45,915
Other income not declared elsewhere2022-12-31$91,649
Administrative expenses (other) incurred2022-12-31$48,908
Liabilities. Value of operating payables at end of year2022-12-31$51,215
Liabilities. Value of operating payables at beginning of year2022-12-31$122,439
Total non interest bearing cash at end of year2022-12-31$1,770,892
Total non interest bearing cash at beginning of year2022-12-31$1,934,784
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-66,579,177
Value of net assets at end of year (total assets less liabilities)2022-12-31$331,053,225
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$397,632,402
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$31,475
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$265,641,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$332,152,904
Interest earned on other investments2022-12-31$1,602,244
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$7,268,084
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$10,030,367
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$10,030,367
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$56,109
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$55,240,032
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$52,386,557
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-60,336,094
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$12,423,470
Employer contributions (assets) at end of year2022-12-31$1,168,162
Employer contributions (assets) at beginning of year2022-12-31$1,194,308
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$20,200,706
Contract administrator fees2022-12-31$84,000
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2022-12-31621802605
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$51,215
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-01-01$122,439
Total income from all sources (including contributions)2022-01-01$-46,162,622
Total of all expenses incurred2022-01-01$20,416,555
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$20,200,706
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$12,423,470
Value of total assets at end of year2022-01-01$331,104,440
Value of total assets at beginning of year2022-01-01$397,754,841
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$215,849
Total interest from all sources2022-01-01$1,658,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Administrative expenses professional fees incurred2022-01-01$51,466
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$500,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Assets. Other investments not covered elsewhere at end of year2022-01-01$11,412
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$10,006
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$4,353
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-01-01$45,915
Other income not declared elsewhere2022-01-01$91,649
Administrative expenses (other) incurred2022-01-01$48,908
Liabilities. Value of operating payables at end of year2022-01-01$51,215
Liabilities. Value of operating payables at beginning of year2022-01-01$122,439
Total non interest bearing cash at end of year2022-01-01$1,770,892
Total non interest bearing cash at beginning of year2022-01-01$1,934,784
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$-66,579,177
Value of net assets at end of year (total assets less liabilities)2022-01-01$331,053,225
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$397,632,402
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$31,475
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$265,641,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$332,152,904
Interest earned on other investments2022-01-01$1,602,244
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$7,268,084
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$56,109
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-01-01$55,240,032
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-01-01$52,386,557
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-60,336,094
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$12,423,470
Employer contributions (assets) at end of year2022-01-01$1,168,162
Employer contributions (assets) at beginning of year2022-01-01$1,194,308
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$20,200,706
Contract administrator fees2022-01-01$84,000
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2022-01-01621802605
2021 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2021 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$122,439
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$199,014
Total income from all sources (including contributions)2021-12-31$70,189,686
Total of all expenses incurred2021-12-31$36,816,444
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$36,603,784
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$11,857,098
Value of total assets at end of year2021-12-31$397,754,841
Value of total assets at beginning of year2021-12-31$364,458,174
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$212,660
Total interest from all sources2021-12-31$1,494,755
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$61,959
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Funding deficiency by the employer to the plan for this plan year2021-12-31$0
Minimum employer required contribution for this plan year2021-12-31$11,775,871
Amount contributed by the employer to the plan for this plan year2021-12-31$11,775,871
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Assets. Other investments not covered elsewhere at end of year2021-12-31$10,006
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$10,958
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$81,227
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$45,915
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$44,727
Other income not declared elsewhere2021-12-31$170,666
Administrative expenses (other) incurred2021-12-31$41,626
Liabilities. Value of operating payables at end of year2021-12-31$122,439
Liabilities. Value of operating payables at beginning of year2021-12-31$199,014
Total non interest bearing cash at end of year2021-12-31$1,934,784
Total non interest bearing cash at beginning of year2021-12-31$1,967,525
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$33,373,242
Value of net assets at end of year (total assets less liabilities)2021-12-31$397,632,402
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$364,259,160
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$30,575
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$332,152,904
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$298,935,893
Interest earned on other investments2021-12-31$1,416,347
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$10,030,367
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$10,562,272
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$10,562,272
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$78,408
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$52,386,557
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$51,714,118
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$56,667,167
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$11,775,871
Employer contributions (assets) at end of year2021-12-31$1,194,308
Employer contributions (assets) at beginning of year2021-12-31$1,222,681
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$36,603,784
Contract administrator fees2021-12-31$78,500
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2021-12-31621802605
2020 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$199,014
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$238,350
Total income from all sources (including contributions)2020-12-31$59,319,430
Total of all expenses incurred2020-12-31$13,799,244
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$13,623,449
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$11,739,129
Value of total assets at end of year2020-12-31$364,458,174
Value of total assets at beginning of year2020-12-31$318,977,324
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$175,795
Total interest from all sources2020-12-31$3,939,261
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$33,264
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Funding deficiency by the employer to the plan for this plan year2020-12-31$0
Minimum employer required contribution for this plan year2020-12-31$11,738,644
Amount contributed by the employer to the plan for this plan year2020-12-31$11,738,644
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Assets. Other investments not covered elsewhere at end of year2020-12-31$10,958
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$11,669
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$485
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$44,727
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$68,581
Other income not declared elsewhere2020-12-31$141,497
Administrative expenses (other) incurred2020-12-31$42,056
Liabilities. Value of operating payables at end of year2020-12-31$199,014
Liabilities. Value of operating payables at beginning of year2020-12-31$238,350
Total non interest bearing cash at end of year2020-12-31$1,967,525
Total non interest bearing cash at beginning of year2020-12-31$2,116,244
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$45,520,186
Value of net assets at end of year (total assets less liabilities)2020-12-31$364,259,160
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$318,738,974
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$29,675
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$298,935,893
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$270,616,070
Interest earned on other investments2020-12-31$1,436,491
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$10,562,272
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$6,548,436
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$6,548,436
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$2,502,770
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$51,714,118
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$38,460,394
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$43,499,543
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$11,738,644
Employer contributions (assets) at end of year2020-12-31$1,222,681
Employer contributions (assets) at beginning of year2020-12-31$1,155,930
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$13,623,449
Contract administrator fees2020-12-31$70,800
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2020-12-31621802605
2019 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$238,350
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$303,302
Total income from all sources (including contributions)2019-12-31$70,438,855
Total of all expenses incurred2019-12-31$12,044,926
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$11,864,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$13,521,486
Value of total assets at end of year2019-12-31$318,977,324
Value of total assets at beginning of year2019-12-31$260,648,347
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$179,938
Total interest from all sources2019-12-31$1,443,656
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$34,128
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Funding deficiency by the employer to the plan for this plan year2019-12-31$0
Minimum employer required contribution for this plan year2019-12-31$13,521,486
Amount contributed by the employer to the plan for this plan year2019-12-31$13,521,486
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Assets. Other investments not covered elsewhere at end of year2019-12-31$11,669
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$7,504
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$68,581
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$37,105
Other income not declared elsewhere2019-12-31$238,387
Administrative expenses (other) incurred2019-12-31$46,210
Liabilities. Value of operating payables at end of year2019-12-31$238,350
Liabilities. Value of operating payables at beginning of year2019-12-31$303,302
Total non interest bearing cash at end of year2019-12-31$2,116,244
Total non interest bearing cash at beginning of year2019-12-31$1,890,055
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$58,393,929
Value of net assets at end of year (total assets less liabilities)2019-12-31$318,738,974
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$260,345,045
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$28,800
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$270,616,070
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$215,058,672
Interest earned on other investments2019-12-31$1,318,221
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$6,548,436
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$7,332,240
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$7,332,240
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$125,435
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$38,460,394
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$34,977,027
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$55,235,326
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$13,521,486
Employer contributions (assets) at end of year2019-12-31$1,155,930
Employer contributions (assets) at beginning of year2019-12-31$1,345,744
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$11,864,988
Contract administrator fees2019-12-31$70,800
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2019-12-31621802605
2018 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$303,302
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$543,498
Total income from all sources (including contributions)2018-12-31$1,842,541
Total of all expenses incurred2018-12-31$5,609,357
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,411,941
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$12,494,198
Value of total assets at end of year2018-12-31$260,648,347
Value of total assets at beginning of year2018-12-31$264,655,359
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$197,416
Total interest from all sources2018-12-31$1,202,406
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$39,635
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Funding deficiency by the employer to the plan for this plan year2018-12-31$0
Minimum employer required contribution for this plan year2018-12-31$12,317,605
Amount contributed by the employer to the plan for this plan year2018-12-31$12,317,605
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$176,593
Assets. Other investments not covered elsewhere at end of year2018-12-31$7,504
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$5,234
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$37,105
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$66,482
Other income not declared elsewhere2018-12-31$195,096
Administrative expenses (other) incurred2018-12-31$58,981
Liabilities. Value of operating payables at end of year2018-12-31$303,302
Liabilities. Value of operating payables at beginning of year2018-12-31$543,498
Total non interest bearing cash at end of year2018-12-31$1,890,055
Total non interest bearing cash at beginning of year2018-12-31$1,887,716
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-3,766,816
Value of net assets at end of year (total assets less liabilities)2018-12-31$260,345,045
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$264,111,861
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$28,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$215,058,672
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$225,907,985
Interest earned on other investments2018-12-31$1,130,687
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$7,332,240
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$5,264,554
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$5,264,554
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$71,719
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$34,977,027
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$29,936,195
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-12,049,159
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$12,317,605
Employer contributions (assets) at end of year2018-12-31$1,345,744
Employer contributions (assets) at beginning of year2018-12-31$1,587,193
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,411,941
Contract administrator fees2018-12-31$70,800
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2018-12-31621802605
2017 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$543,498
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$456,131
Total income from all sources (including contributions)2017-12-31$46,693,339
Total of all expenses incurred2017-12-31$7,904,234
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$7,742,541
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$11,485,786
Value of total assets at end of year2017-12-31$264,655,359
Value of total assets at beginning of year2017-12-31$225,778,887
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$161,693
Total interest from all sources2017-12-31$857,144
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$26,363
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Funding deficiency by the employer to the plan for this plan year2017-12-31$0
Minimum employer required contribution for this plan year2017-12-31$11,485,786
Amount contributed by the employer to the plan for this plan year2017-12-31$11,485,786
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Assets. Other investments not covered elsewhere at end of year2017-12-31$5,234
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$7,383
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$66,482
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$73,421
Other income not declared elsewhere2017-12-31$229,689
Administrative expenses (other) incurred2017-12-31$37,330
Liabilities. Value of operating payables at end of year2017-12-31$543,498
Liabilities. Value of operating payables at beginning of year2017-12-31$456,131
Total non interest bearing cash at end of year2017-12-31$1,887,716
Total non interest bearing cash at beginning of year2017-12-31$2,118,233
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$38,789,105
Value of net assets at end of year (total assets less liabilities)2017-12-31$264,111,861
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$225,322,756
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$27,200
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$225,907,985
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$217,159,695
Interest earned on other investments2017-12-31$825,366
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$5,264,554
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$5,260,393
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$5,260,393
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$31,778
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$29,936,195
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$34,120,720
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$11,485,786
Employer contributions (assets) at end of year2017-12-31$1,587,193
Employer contributions (assets) at beginning of year2017-12-31$1,159,762
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$7,742,541
Contract administrator fees2017-12-31$70,800
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2017-12-31621802605
2016 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$456,131
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$251,155
Total income from all sources (including contributions)2016-12-31$28,684,426
Total of all expenses incurred2016-12-31$11,538,339
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$11,378,762
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$10,567,969
Value of total assets at end of year2016-12-31$225,778,887
Value of total assets at beginning of year2016-12-31$208,427,824
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$159,577
Total interest from all sources2016-12-31$25,225
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$4,594,296
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$4,594,296
Administrative expenses professional fees incurred2016-12-31$28,456
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Funding deficiency by the employer to the plan for this plan year2016-12-31$0
Minimum employer required contribution for this plan year2016-12-31$10,449,083
Amount contributed by the employer to the plan for this plan year2016-12-31$10,449,083
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Assets. Other investments not covered elsewhere at end of year2016-12-31$7,383
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$4,300
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$118,886
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$73,421
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$81,320
Other income not declared elsewhere2016-12-31$297,043
Administrative expenses (other) incurred2016-12-31$33,921
Liabilities. Value of operating payables at end of year2016-12-31$456,131
Liabilities. Value of operating payables at beginning of year2016-12-31$251,155
Total non interest bearing cash at end of year2016-12-31$2,118,233
Total non interest bearing cash at beginning of year2016-12-31$1,053,677
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$17,146,087
Value of net assets at end of year (total assets less liabilities)2016-12-31$225,322,756
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$208,176,669
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$26,400
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$217,159,695
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$200,064,224
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$5,260,393
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$6,270,624
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$6,270,624
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$25,225
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$13,199,893
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$10,449,083
Employer contributions (assets) at end of year2016-12-31$1,159,762
Employer contributions (assets) at beginning of year2016-12-31$953,679
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$11,378,762
Contract administrator fees2016-12-31$70,800
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2016-12-31621802605
2015 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2015 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$251,155
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$375,233
Total income from all sources (including contributions)2015-12-31$9,111,107
Total of all expenses incurred2015-12-31$8,127,586
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$7,959,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$10,733,278
Value of total assets at end of year2015-12-31$208,427,824
Value of total assets at beginning of year2015-12-31$207,568,381
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$167,616
Total interest from all sources2015-12-31$27,709
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$10,528,002
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$10,528,002
Administrative expenses professional fees incurred2015-12-31$26,181
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Funding deficiency by the employer to the plan for this plan year2015-12-31$0
Minimum employer required contribution for this plan year2015-12-31$10,724,345
Amount contributed by the employer to the plan for this plan year2015-12-31$10,724,345
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Assets. Other investments not covered elsewhere at end of year2015-12-31$4,300
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$6,609
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$8,933
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$81,320
Other income not declared elsewhere2015-12-31$428,515
Administrative expenses (other) incurred2015-12-31$45,035
Liabilities. Value of operating payables at end of year2015-12-31$251,155
Liabilities. Value of operating payables at beginning of year2015-12-31$375,233
Total non interest bearing cash at end of year2015-12-31$1,053,677
Total non interest bearing cash at beginning of year2015-12-31$1,796,835
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$983,521
Value of net assets at end of year (total assets less liabilities)2015-12-31$208,176,669
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$207,193,148
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$25,600
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$200,064,224
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$197,281,505
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$6,270,624
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$7,583,784
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$7,583,784
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$27,709
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-12,606,397
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$10,724,345
Employer contributions (assets) at end of year2015-12-31$953,679
Employer contributions (assets) at beginning of year2015-12-31$899,648
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$7,959,970
Contract administrator fees2015-12-31$70,800
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2015-12-31621802605
2014 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$375,233
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$71,443
Total income from all sources (including contributions)2014-12-31$21,732,492
Total of all expenses incurred2014-12-31$7,755,229
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$7,583,395
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$9,905,804
Value of total assets at end of year2014-12-31$207,568,381
Value of total assets at beginning of year2014-12-31$193,287,328
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$171,834
Total interest from all sources2014-12-31$59,605
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$11,189,313
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$11,189,313
Administrative expenses professional fees incurred2014-12-31$24,939
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Funding deficiency by the employer to the plan for this plan year2014-12-31$0
Minimum employer required contribution for this plan year2014-12-31$9,905,804
Amount contributed by the employer to the plan for this plan year2014-12-31$9,905,804
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Assets. Other investments not covered elsewhere at end of year2014-12-31$6,609
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$6,918
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$473
Other income not declared elsewhere2014-12-31$346,462
Administrative expenses (other) incurred2014-12-31$51,845
Liabilities. Value of operating payables at end of year2014-12-31$375,233
Liabilities. Value of operating payables at beginning of year2014-12-31$71,443
Total non interest bearing cash at end of year2014-12-31$1,796,835
Total non interest bearing cash at beginning of year2014-12-31$1,723,625
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$13,977,263
Value of net assets at end of year (total assets less liabilities)2014-12-31$207,193,148
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$193,215,885
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$24,250
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$197,281,505
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$183,550,970
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$7,583,784
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$7,344,654
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$7,344,654
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$59,605
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$231,308
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$9,905,804
Employer contributions (assets) at end of year2014-12-31$899,648
Employer contributions (assets) at beginning of year2014-12-31$660,688
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$7,583,395
Contract administrator fees2014-12-31$70,800
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2014-12-31621802605
2013 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$71,443
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$29,945
Total income from all sources (including contributions)2013-12-31$43,697,703
Total of all expenses incurred2013-12-31$8,992,290
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$8,845,713
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$7,957,116
Value of total assets at end of year2013-12-31$193,287,328
Value of total assets at beginning of year2013-12-31$158,540,417
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$146,577
Total interest from all sources2013-12-31$64,372
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$7,127,364
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$7,127,364
Administrative expenses professional fees incurred2013-12-31$23,914
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Funding deficiency by the employer to the plan for this plan year2013-12-31$0
Minimum employer required contribution for this plan year2013-12-31$7,957,116
Amount contributed by the employer to the plan for this plan year2013-12-31$7,957,116
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Assets. Other investments not covered elsewhere at end of year2013-12-31$6,918
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$6,008
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$473
Other income not declared elsewhere2013-12-31$281,743
Administrative expenses (other) incurred2013-12-31$37,063
Liabilities. Value of operating payables at end of year2013-12-31$71,443
Liabilities. Value of operating payables at beginning of year2013-12-31$29,945
Total non interest bearing cash at end of year2013-12-31$1,723,625
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$34,705,413
Value of net assets at end of year (total assets less liabilities)2013-12-31$193,215,885
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$158,510,472
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$22,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$183,550,970
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$147,026,961
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$7,344,654
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$10,739,598
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$10,739,598
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$64,372
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$28,267,108
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$7,957,116
Employer contributions (assets) at end of year2013-12-31$660,688
Employer contributions (assets) at beginning of year2013-12-31$767,850
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$8,845,713
Contract administrator fees2013-12-31$63,600
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2013-12-31621802605
2012 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2012 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$29,945
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$183,905
Total income from all sources (including contributions)2012-12-31$24,379,432
Total of all expenses incurred2012-12-31$6,473,015
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$6,330,350
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$8,570,950
Value of total assets at end of year2012-12-31$158,540,417
Value of total assets at beginning of year2012-12-31$140,787,960
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$142,665
Total interest from all sources2012-12-31$114,130
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$4,453,129
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$4,453,129
Administrative expenses professional fees incurred2012-12-31$21,353
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Funding deficiency by the employer to the plan for this plan year2012-12-31$0
Minimum employer required contribution for this plan year2012-12-31$8,570,950
Amount contributed by the employer to the plan for this plan year2012-12-31$8,570,950
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Assets. Other investments not covered elsewhere at end of year2012-12-31$6,008
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$5,737
Other income not declared elsewhere2012-12-31$274,590
Administrative expenses (other) incurred2012-12-31$35,712
Liabilities. Value of operating payables at end of year2012-12-31$29,945
Liabilities. Value of operating payables at beginning of year2012-12-31$183,905
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$17,906,417
Value of net assets at end of year (total assets less liabilities)2012-12-31$158,510,472
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$140,604,055
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$22,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$147,026,961
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$129,355,578
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$10,739,598
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$10,578,815
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$10,578,815
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$114,130
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$10,966,633
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$8,570,950
Employer contributions (assets) at end of year2012-12-31$767,850
Employer contributions (assets) at beginning of year2012-12-31$847,830
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$6,330,350
Contract administrator fees2012-12-31$63,600
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2012-12-31621802605
2011 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$183,905
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$64,258
Total income from all sources (including contributions)2011-12-31$7,638,985
Total of all expenses incurred2011-12-31$4,834,189
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$4,692,200
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$10,060,484
Value of total assets at end of year2011-12-31$140,787,960
Value of total assets at beginning of year2011-12-31$137,863,517
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$141,989
Total interest from all sources2011-12-31$146,957
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$3,973,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$3,973,222
Administrative expenses professional fees incurred2011-12-31$24,467
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Funding deficiency by the employer to the plan for this plan year2011-12-31$0
Minimum employer required contribution for this plan year2011-12-31$10,060,484
Amount contributed by the employer to the plan for this plan year2011-12-31$10,060,484
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Assets. Other investments not covered elsewhere at end of year2011-12-31$5,737
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$5,797
Other income not declared elsewhere2011-12-31$318,276
Administrative expenses (other) incurred2011-12-31$31,922
Liabilities. Value of operating payables at end of year2011-12-31$183,905
Liabilities. Value of operating payables at beginning of year2011-12-31$64,258
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$2,804,796
Value of net assets at end of year (total assets less liabilities)2011-12-31$140,604,055
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$137,799,259
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$22,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$129,355,578
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$126,500,951
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$10,578,815
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$10,576,720
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$10,576,720
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$146,957
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-6,859,954
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$10,060,484
Employer contributions (assets) at end of year2011-12-31$847,830
Employer contributions (assets) at beginning of year2011-12-31$780,049
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$4,692,200
Contract administrator fees2011-12-31$63,600
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2011-12-31621802605
2010 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$64,258
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$8,866
Total income from all sources (including contributions)2010-12-31$24,338,797
Total of all expenses incurred2010-12-31$4,310,839
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$4,166,291
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$8,404,939
Value of total assets at end of year2010-12-31$137,863,517
Value of total assets at beginning of year2010-12-31$117,780,167
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$144,548
Total interest from all sources2010-12-31$460,715
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$2,337,792
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$2,337,792
Administrative expenses professional fees incurred2010-12-31$27,346
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Funding deficiency by the employer to the plan for this plan year2010-12-31$0
Minimum employer required contribution for this plan year2010-12-31$8,404,939
Amount contributed by the employer to the plan for this plan year2010-12-31$8,404,939
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Assets. Other investments not covered elsewhere at end of year2010-12-31$5,797
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$4,111
Other income not declared elsewhere2010-12-31$197,916
Administrative expenses (other) incurred2010-12-31$33,602
Liabilities. Value of operating payables at end of year2010-12-31$64,258
Liabilities. Value of operating payables at beginning of year2010-12-31$8,866
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$20,027,958
Value of net assets at end of year (total assets less liabilities)2010-12-31$137,799,259
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$117,771,301
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Investment advisory and management fees2010-12-31$20,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$126,500,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$106,009,985
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$10,576,720
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$11,117,473
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$11,117,473
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$460,715
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$12,937,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$8,404,939
Employer contributions (assets) at end of year2010-12-31$780,049
Employer contributions (assets) at beginning of year2010-12-31$648,598
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$4,166,291
Contract administrator fees2010-12-31$63,600
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31DANIELS, IRWIN & AYLOR, CPAS
Accountancy firm EIN2010-12-31621802605
2009 : IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2009 401k financial data
Minimum employer required contribution for this plan year2009-12-31$8,221,881
Amount contributed by the employer to the plan for this plan year2009-12-31$8,221,881

Form 5500 Responses for IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN

2023: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2023 form 5500 responses
2023-01-01Type of plan entityMulti-employer plan
2023-01-01Plan is a collectively bargained planYes
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulti-employer plan
2022-01-01Plan is a collectively bargained planYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulti-employer plan
2021-01-01Plan is a collectively bargained planYes
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulti-employer plan
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulti-employer plan
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulti-employer plan
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulti-employer plan
2017-01-01Plan is a collectively bargained planYes
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulti-employer plan
2016-01-01Plan is a collectively bargained planYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulti-employer plan
2015-01-01Plan is a collectively bargained planYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulti-employer plan
2014-01-01Plan is a collectively bargained planYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulti-employer plan
2013-01-01Plan is a collectively bargained planYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulti-employer plan
2012-01-01Plan is a collectively bargained planYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulti-employer plan
2011-01-01Plan is a collectively bargained planYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: IBEW LOCAL 16, AFL-CIO & MULTI- EMPLOYER PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulti-employer plan
2009-01-01Submission has been amendedYes
2009-01-01Plan is a collectively bargained planYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
Insurance contract or identification numberMR623931
Number of Individuals Covered1882
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract numberMR623931
Policy instance 1

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