401k Plan data: IBEW LOCAL UNION 1245 PENSION PLAN plan

IBEW LOCAL UNION 1245 PENSION PLAN 401k Plan overview

Plan Name	IBEW LOCAL UNION 1245 PENSION PLAN
Plan identification number	001

IBEW LOCAL UNION 1245 PENSION PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

IBEW LOCAL 1245 has sponsored the creation of one or more 401k plans.

Company Name: IBEW LOCAL 1245

Employer identification number (EIN): 686012285

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 UNION 1245 PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 PATRICK WAITE
001 2016-01-01 PATRICK WAITE
001 2015-01-01 PATRICK WAITE
001 2014-01-01 PATRICK WAITE
001 2013-01-01 PATRICK WAITE 2014-09-15
001 2012-01-01 PATRICK WAITE 2013-10-01 PATRICK WAITE 2013-10-01
001 2011-01-01 PATRICK WAITE 2012-10-12 PATRICK WAITE 2012-10-12
001 2010-01-01 PATRICK WAITE 2011-09-27 PATRICK WAITE 2011-09-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	PATRICK WAITE
001	2016-01-01	PATRICK WAITE
001	2015-01-01	PATRICK WAITE
001	2014-01-01	PATRICK WAITE
001	2013-01-01	PATRICK WAITE	2014-09-15
001	2012-01-01	PATRICK WAITE	2013-10-01	PATRICK WAITE	2013-10-01
001	2011-01-01	PATRICK WAITE	2012-10-12	PATRICK WAITE	2012-10-12
001	2010-01-01	PATRICK WAITE	2011-09-27	PATRICK WAITE	2011-09-27

Plan Statistics for IBEW LOCAL UNION 1245 PENSION PLAN

401k plan membership statisitcs for IBEW LOCAL UNION 1245 PENSION PLAN

Measure Date Value
2023: IBEW LOCAL UNION 1245 PENSION PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 93
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 82
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 13
Total of all active and inactive participants 2023-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 95
Number of participants with account balances 2023-01-01 95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: IBEW LOCAL UNION 1245 PENSION PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 90
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 79
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 13
Total of all active and inactive participants 2022-01-01 92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 1
Total participants 2022-01-01 93
Number of participants with account balances 2022-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: IBEW LOCAL UNION 1245 PENSION PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 78
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 12
Total of all active and inactive participants 2021-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 90
Number of participants with account balances 2021-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: IBEW LOCAL UNION 1245 PENSION PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 72
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 17
Total of all active and inactive participants 2020-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 89
Number of participants with account balances 2020-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: IBEW LOCAL UNION 1245 PENSION PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 86
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 73
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 16
Total of all active and inactive participants 2019-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 89
Number of participants with account balances 2019-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: IBEW LOCAL UNION 1245 PENSION PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 90
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 76
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 10
Total of all active and inactive participants 2018-01-01 86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 86
Number of participants with account balances 2018-01-01 86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: IBEW LOCAL UNION 1245 PENSION PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 78
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 12
Total of all active and inactive participants 2017-01-01 90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 90
Number of participants with account balances 2017-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: IBEW LOCAL UNION 1245 PENSION PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 92
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 77
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 12
Total of all active and inactive participants 2016-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 89
Number of participants with account balances 2016-01-01 88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: IBEW LOCAL UNION 1245 PENSION PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 85
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 78
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 13
Total of all active and inactive participants 2015-01-01 91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 1
Total participants 2015-01-01 92
Number of participants with account balances 2015-01-01 92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: IBEW LOCAL UNION 1245 PENSION PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 93
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 73
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 11
Total of all active and inactive participants 2014-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 1
Total participants 2014-01-01 85
Number of participants with account balances 2014-01-01 85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2023: IBEW LOCAL UNION 1245 PENSION PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	93
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	82
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	13
Total of all active and inactive participants	2023-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	95
Number of participants with account balances	2023-01-01	95
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: IBEW LOCAL UNION 1245 PENSION PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	90
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	79
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	13
Total of all active and inactive participants	2022-01-01	92
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	1
Total participants	2022-01-01	93
Number of participants with account balances	2022-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: IBEW LOCAL UNION 1245 PENSION PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	78
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	12
Total of all active and inactive participants	2021-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	90
Number of participants with account balances	2021-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: IBEW LOCAL UNION 1245 PENSION PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	72
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	17
Total of all active and inactive participants	2020-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	89
Number of participants with account balances	2020-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: IBEW LOCAL UNION 1245 PENSION PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	86
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	73
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	16
Total of all active and inactive participants	2019-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	89
Number of participants with account balances	2019-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: IBEW LOCAL UNION 1245 PENSION PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	90
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	76
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	10
Total of all active and inactive participants	2018-01-01	86
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	86
Number of participants with account balances	2018-01-01	86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: IBEW LOCAL UNION 1245 PENSION PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	78
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	12
Total of all active and inactive participants	2017-01-01	90
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	90
Number of participants with account balances	2017-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: IBEW LOCAL UNION 1245 PENSION PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	92
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	77
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	12
Total of all active and inactive participants	2016-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	89
Number of participants with account balances	2016-01-01	88
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: IBEW LOCAL UNION 1245 PENSION PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	85
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	78
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	13
Total of all active and inactive participants	2015-01-01	91
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	1
Total participants	2015-01-01	92
Number of participants with account balances	2015-01-01	92
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: IBEW LOCAL UNION 1245 PENSION PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	93
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	73
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	11
Total of all active and inactive participants	2014-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	1
Total participants	2014-01-01	85
Number of participants with account balances	2014-01-01	85
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on IBEW LOCAL UNION 1245 PENSION PLAN

Measure	Date	Value
2023 : IBEW LOCAL UNION 1245 PENSION PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$11,185,310
Expenses. Total of all expenses incurred	2023-12-31	$5,701,427
Benefits paid (including direct rollovers)	2023-12-31	$5,670,253
Total plan assets at end of year	2023-12-31	$53,567,567
Total plan assets at beginning of year	2023-12-31	$48,083,684
Value of fidelity bond covering the plan	2023-12-31	$5,000,000
Assets. Value of tangible personal property	2023-12-31	$0
Total contributions received or receivable from participants	2023-12-31	$1,466,502
Assets. Value of loans (other than to participants)	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$6,793,674
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$5,483,883
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$53,567,567
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$48,083,684
Assets. Value of participant loans	2023-12-31	$319,968
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$0
Assets. Value of real-estate (other than employer real property)	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$0
Assets. Value of employer real property	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$2,925,134
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$27,997
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$3,177
2022 : IBEW LOCAL UNION 1245 PENSION PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-3,412,241
Expenses. Total of all expenses incurred	2022-12-31	$5,483,011
Benefits paid (including direct rollovers)	2022-12-31	$5,449,514
Total plan assets at end of year	2022-12-31	$48,083,684
Total plan assets at beginning of year	2022-12-31	$56,978,936
Value of fidelity bond covering the plan	2022-12-31	$5,000,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$1,406,457
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-7,456,603
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-8,895,252
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$48,083,684
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$56,978,936
Assets. Value of participant loans	2022-12-31	$245,562
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$2,637,905
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$30,440
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$3,057
2021 : IBEW LOCAL UNION 1245 PENSION PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$10,142,844
Expenses. Total of all expenses incurred	2021-12-31	$6,327,471
Benefits paid (including direct rollovers)	2021-12-31	$6,315,578
Total plan assets at end of year	2021-12-31	$56,978,936
Total plan assets at beginning of year	2021-12-31	$53,163,563
Value of fidelity bond covering the plan	2021-12-31	$5,000,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$1,317,229
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$6,413,996
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$3,815,373
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$56,978,936
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$53,163,563
Assets. Value of participant loans	2021-12-31	$332,103
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$2,411,619
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$10,645
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$1,248
2020 : IBEW LOCAL UNION 1245 PENSION PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$8,675,772
Expenses. Total of all expenses incurred	2020-12-31	$4,599,182
Benefits paid (including direct rollovers)	2020-12-31	$4,614,838
Total plan assets at end of year	2020-12-31	$53,163,563
Total plan assets at beginning of year	2020-12-31	$49,086,973
Value of fidelity bond covering the plan	2020-12-31	$5,000,000
Assets. Value of tangible personal property	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$1,259,375
Assets. Value of loans (other than to participants)	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$5,098,800
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$4,076,590
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$53,163,563
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$49,086,973
Assets. Value of participant loans	2020-12-31	$348,281
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$0
Assets. Value of real-estate (other than employer real property)	2020-12-31	$0
Assets. Value of employer securities	2020-12-31	$0
Assets. Value of employer real property	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$2,317,597
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$1,960
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$-17,616
2019 : IBEW LOCAL UNION 1245 PENSION PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$11,600,787
Expenses. Total of all expenses incurred	2019-12-31	$10,577,831
Benefits paid (including direct rollovers)	2019-12-31	$10,597,326
Total plan assets at end of year	2019-12-31	$49,086,973
Total plan assets at beginning of year	2019-12-31	$48,064,017
Value of fidelity bond covering the plan	2019-12-31	$5,000,000
Total contributions received or receivable from participants	2019-12-31	$1,169,602
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$8,131,903
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$1,022,956
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$49,086,973
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$48,064,017
Assets. Value of participant loans	2019-12-31	$312,228
Total contributions received or receivable from employer(s)	2019-12-31	$2,299,282
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$6,420
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$-25,915
2018 : IBEW LOCAL UNION 1245 PENSION PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$1,276,115
Expenses. Total of all expenses incurred	2018-12-31	$2,605,305
Benefits paid (including direct rollovers)	2018-12-31	$2,617,033
Total plan assets at end of year	2018-12-31	$48,064,017
Total plan assets at beginning of year	2018-12-31	$49,393,207
Value of fidelity bond covering the plan	2018-12-31	$5,000,000
Total contributions received or receivable from participants	2018-12-31	$1,121,770
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-2,072,057
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-1,329,190
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$48,064,017
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$49,393,207
Assets. Value of participant loans	2018-12-31	$270,060
Total contributions received or receivable from employer(s)	2018-12-31	$2,226,402
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$6,642
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$-18,370
2017 : IBEW LOCAL UNION 1245 PENSION PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$9,134,155
Expenses. Total of all expenses incurred	2017-12-31	$1,614,929
Benefits paid (including direct rollovers)	2017-12-31	$1,623,858
Total plan assets at end of year	2017-12-31	$49,393,207
Total plan assets at beginning of year	2017-12-31	$41,873,981
Value of fidelity bond covering the plan	2017-12-31	$5,000,000
Assets. Value of tangible personal property	2017-12-31	$0
Total contributions received or receivable from participants	2017-12-31	$1,058,358
Assets. Value of loans (other than to participants)	2017-12-31	$0
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$628,784
Other income received	2017-12-31	$5,404,382
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$7,519,226
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$49,393,207
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$41,873,981
Assets. Value of participant loans	2017-12-31	$258,001
Assets. Value of assets in partnership/joint-venture interests	2017-12-31	$0
Assets. Value of real-estate (other than employer real property)	2017-12-31	$0
Assets. Value of employer securities	2017-12-31	$0
Assets. Value of employer real property	2017-12-31	$0
Total contributions received or receivable from employer(s)	2017-12-31	$2,042,631
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$7,183
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$-16,112
2016 : IBEW LOCAL UNION 1245 PENSION PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$5,976,444
Expenses. Total of all expenses incurred	2016-12-31	$1,507,625
Benefits paid (including direct rollovers)	2016-12-31	$1,507,077
Total plan assets at end of year	2016-12-31	$41,873,981
Total plan assets at beginning of year	2016-12-31	$37,405,162
Value of fidelity bond covering the plan	2016-12-31	$5,000,000
Total contributions received or receivable from participants	2016-12-31	$990,440
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$2,936,872
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$4,468,819
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$41,873,981
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$37,405,162
Assets. Value of participant loans	2016-12-31	$294,456
Total contributions received or receivable from employer(s)	2016-12-31	$2,049,132
Value of certain deemed distributions of participant loans	2016-12-31	$18,064
Value of corrective distributions	2016-12-31	$305
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$-17,821
2015 : IBEW LOCAL UNION 1245 PENSION PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$2,510,661
Expenses. Total of all expenses incurred	2015-12-31	$3,763,478
Benefits paid (including direct rollovers)	2015-12-31	$3,773,198
Total plan assets at end of year	2015-12-31	$37,405,162
Total plan assets at beginning of year	2015-12-31	$38,657,979
Value of fidelity bond covering the plan	2015-12-31	$5,000,000
Total contributions received or receivable from participants	2015-12-31	$1,030,098
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-399,155
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-1,252,817
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$37,405,162
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$38,657,979
Assets. Value of participant loans	2015-12-31	$389,425
Total contributions received or receivable from employer(s)	2015-12-31	$1,879,718
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$3,848
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$-13,568
2014 : IBEW LOCAL UNION 1245 PENSION PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$5,062,035
Expenses. Total of all expenses incurred	2014-12-31	$4,462,809
Benefits paid (including direct rollovers)	2014-12-31	$4,467,484
Total plan assets at end of year	2014-12-31	$38,657,979
Total plan assets at beginning of year	2014-12-31	$38,058,753
Value of fidelity bond covering the plan	2014-12-31	$5,000,000
Total contributions received or receivable from participants	2014-12-31	$971,756
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$22,251
Other income received	2014-12-31	$2,306,495
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$599,226
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$38,657,979
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$38,058,753
Assets. Value of participant loans	2014-12-31	$364,710
Total contributions received or receivable from employer(s)	2014-12-31	$1,761,533
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$1,680
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$-6,355

Form 5500 Responses for IBEW LOCAL UNION 1245 PENSION PLAN

2023: IBEW LOCAL UNION 1245 PENSION PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: IBEW LOCAL UNION 1245 PENSION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: IBEW LOCAL UNION 1245 PENSION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: IBEW LOCAL UNION 1245 PENSION PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: IBEW LOCAL UNION 1245 PENSION PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: IBEW LOCAL UNION 1245 PENSION PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: IBEW LOCAL UNION 1245 PENSION PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: IBEW LOCAL UNION 1245 PENSION PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: IBEW LOCAL UNION 1245 PENSION PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: IBEW LOCAL UNION 1245 PENSION PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	IBEW LOCAL 1245
Employer identification number (EIN):	686012285
NAIC Classification:	238210
NAIC Description:	Electrical Contractors and Other Wiring Installation Contractors