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LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 401k Plan overview

Plan NameLOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS
Plan identification number 501

LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance

401k Sponsoring company profile

IRONWORKERS UNION LOCAL #7 has sponsored the creation of one or more 401k plans.

Company Name:IRONWORKERS UNION LOCAL #7
Employer identification number (EIN):041473615
NAIC Classification:236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-11-01MICHAEL DOUCETTE2024-05-14
5012021-11-01MICHAEL DOUCETTE2023-05-10
5012020-11-01WILLIAM HURLEY2022-04-07
5012019-11-01WILLIAM HURLEY2021-03-25
5012009-11-01JAMES BROWN

Plan Statistics for LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS

401k plan membership statisitcs for LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS

Measure Date Value
2022: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2022 401k membership
Total participants, beginning-of-year2022-11-013,725
Total number of active participants reported on line 7a of the Form 55002022-11-013,751
Total of all active and inactive participants2022-11-013,751
2021: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2021 401k membership
Total participants, beginning-of-year2021-11-013,714
Total number of active participants reported on line 7a of the Form 55002021-11-013,725
Total of all active and inactive participants2021-11-013,725
2020: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2020 401k membership
Total participants, beginning-of-year2020-11-013,641
Total number of active participants reported on line 7a of the Form 55002020-11-013,714
Total of all active and inactive participants2020-11-013,714
2019: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2019 401k membership
Total participants, beginning-of-year2019-11-013,641
Total number of active participants reported on line 7a of the Form 55002019-11-013,641
Total of all active and inactive participants2019-11-013,641
2009: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2009 401k membership
Total participants, beginning-of-year2009-11-013,189
Total number of active participants reported on line 7a of the Form 55002009-11-013,058
Total of all active and inactive participants2009-11-013,058

Form 5500 Responses for LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS

2022: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01Plan funding arrangement – General assets of the sponsorYes
2022-11-01Plan benefit arrangement – InsuranceYes
2021: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Plan funding arrangement – General assets of the sponsorYes
2021-11-01Plan benefit arrangement – InsuranceYes
2020: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01Plan funding arrangement – General assets of the sponsorYes
2020-11-01Plan benefit arrangement – InsuranceYes
2019: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2019 form 5500 responses
2019-11-01Type of plan entitySingle employer plan
2019-11-01First time form 5500 has been submittedYes
2019-11-01Plan funding arrangement – General assets of the sponsorYes
2019-11-01Plan benefit arrangement – InsuranceYes
2009: LOCAL UNION NO. 7 OF INTERNATIONAL BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01This submission is the final filingNo
2009-11-01Plan funding arrangement – InsuranceYes
2009-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE UNION LABOR LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 69744 )
Policy contract numberG1711
Policy instance 1
Insurance contract or identification numberG1711
Number of Individuals Covered3751
Insurance policy start date2022-11-01
Insurance policy end date2023-10-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $328,836
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE UNION LABOR LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 69744 )
Policy contract numberG1711
Policy instance 1
Insurance contract or identification numberG1711
Number of Individuals Covered3725
Insurance policy start date2021-11-01
Insurance policy end date2022-10-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $279,846
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE UNION LABOR LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 69744 )
Policy contract numberG1711
Policy instance 1
Insurance contract or identification numberG1711
Number of Individuals Covered3714
Insurance policy start date2020-11-01
Insurance policy end date2021-10-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $279,179
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE UNION LABOR LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 69744 )
Policy contract numberG1711
Policy instance 1
Insurance contract or identification numberG1711
Number of Individuals Covered3641
Insurance policy start date2019-11-01
Insurance policy end date2020-10-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $254,582
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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