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PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 401k Plan overview

Plan NamePENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141
Plan identification number 001

PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.

401k Sponsoring company profile

IBEW LU-1141 PENSION TRUST has sponsored the creation of one or more 401k plans.

Company Name:IBEW LU-1141 PENSION TRUST
Employer identification number (EIN):736109391
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012013-06-01HOWARD CRAIN
0012012-06-01HOWARD CRAIN
0012011-06-01HOWARD CRAIN HOWARD CRAIN2015-06-15
0012010-06-01THOMAS V BARNES
0012009-06-01THOMAS V BARNES

Plan Statistics for PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141

401k plan membership statisitcs for PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141

Measure Date Value
2013: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2013 401k membership
Total participants, beginning-of-year2013-06-010
Total number of active participants reported on line 7a of the Form 55002013-06-010
Number of retired or separated participants receiving benefits2013-06-010
Number of other retired or separated participants entitled to future benefits2013-06-010
Total of all active and inactive participants2013-06-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-06-010
Total participants2013-06-010
Number of participants with account balances2013-06-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-06-010
Number of employers contributing to the scheme2013-06-010
2012: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2012 401k membership
Total participants, beginning-of-year2012-06-010
Total number of active participants reported on line 7a of the Form 55002012-06-010
Number of retired or separated participants receiving benefits2012-06-010
Number of other retired or separated participants entitled to future benefits2012-06-010
Total of all active and inactive participants2012-06-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-06-010
Total participants2012-06-010
Number of participants with account balances2012-06-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-06-010
Number of employers contributing to the scheme2012-06-010
2011: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2011 401k membership
Total participants, beginning-of-year2011-06-011,535
Total number of active participants reported on line 7a of the Form 55002011-06-010
Number of retired or separated participants receiving benefits2011-06-010
Number of other retired or separated participants entitled to future benefits2011-06-010
Total of all active and inactive participants2011-06-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-06-010
Total participants2011-06-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-06-010
Number of employers contributing to the scheme2011-06-0132
2010: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2010 401k membership
Total participants, beginning-of-year2010-06-011,962
Total number of active participants reported on line 7a of the Form 55002010-06-01893
Number of retired or separated participants receiving benefits2010-06-01163
Number of other retired or separated participants entitled to future benefits2010-06-01474
Total of all active and inactive participants2010-06-011,530
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-06-015
Total participants2010-06-011,535
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-06-0159
Number of employers contributing to the scheme2010-06-0140
2009: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2009 401k membership
Total participants, beginning-of-year2009-06-011,895
Total number of active participants reported on line 7a of the Form 55002009-06-01964
Number of retired or separated participants receiving benefits2009-06-01149
Number of other retired or separated participants entitled to future benefits2009-06-01845
Total of all active and inactive participants2009-06-011,958
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-06-014
Total participants2009-06-011,962
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-06-012
Number of employers contributing to the scheme2009-06-0140

Financial Data on PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141

Measure Date Value
2014 : PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2014 401k financial data
Transfers to/from the plan2014-02-28$-196,131
Total plan liabilities at end of year2014-02-28$0
Total plan liabilities at beginning of year2014-02-28$0
Total income from all sources2014-02-28$0
Expenses. Total of all expenses incurred2014-02-28$14,741
Total plan assets at end of year2014-02-28$0
Total plan assets at beginning of year2014-02-28$210,872
Value of fidelity bond covering the plan2014-02-28$500,000
Net income (gross income less expenses)2014-02-28$-14,741
Net plan assets at end of year (total assets less liabilities)2014-02-28$0
Net plan assets at beginning of year (total assets less liabilities)2014-02-28$210,872
Expenses. Administrative service providers (salaries,fees and commissions)2014-02-28$14,741
2013 : PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2013 401k financial data
Total plan liabilities at end of year2013-05-31$0
Total plan liabilities at beginning of year2013-05-31$11,103
Total income from all sources2013-05-31$0
Expenses. Total of all expenses incurred2013-05-31$33,929
Total plan assets at end of year2013-05-31$210,872
Total plan assets at beginning of year2013-05-31$255,904
Value of fidelity bond covering the plan2013-05-31$500,000
Net income (gross income less expenses)2013-05-31$-33,929
Net plan assets at end of year (total assets less liabilities)2013-05-31$210,872
Net plan assets at beginning of year (total assets less liabilities)2013-05-31$244,801
Expenses. Administrative service providers (salaries,fees and commissions)2013-05-31$33,929
2012 : PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-05-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-05-31$11,103
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-05-31$28,629
Total income from all sources (including contributions)2012-05-31$289,891
Total loss/gain on sale of assets2012-05-31$0
Total of all expenses incurred2012-05-31$7,441,920
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-05-31$7,233,845
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-05-31$277,933
Value of total assets at end of year2012-05-31$255,904
Value of total assets at beginning of year2012-05-31$7,425,459
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-05-31$208,075
Total interest from all sources2012-05-31$40
Total dividends received (eg from common stock, registered investment company shares)2012-05-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-05-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-05-31$0
Administrative expenses professional fees incurred2012-05-31$29,973
Was this plan covered by a fidelity bond2012-05-31Yes
Value of fidelity bond cover2012-05-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-05-31$0
Were there any nonexempt tranactions with any party-in-interest2012-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-05-31$719
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-05-31$10,960
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-05-31$11,103
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-05-31$28,629
Other income not declared elsewhere2012-05-31$8,438
Administrative expenses (other) incurred2012-05-31$78,402
Total non interest bearing cash at beginning of year2012-05-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Value of net income/loss2012-05-31$-7,152,029
Value of net assets at end of year (total assets less liabilities)2012-05-31$244,801
Value of net assets at beginning of year (total assets less liabilities)2012-05-31$7,396,830
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-05-31No
Were any leases to which the plan was party in default or uncollectible2012-05-31No
Value of interest in pooled separate accounts at end of year2012-05-31$0
Value of interest in pooled separate accounts at beginning of year2012-05-31$7,261,522
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-05-31$255,185
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-05-31$105,329
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-05-31$105,329
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-05-31$40
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-05-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2012-05-31$3,225,407
Net investment gain/loss from pooled separate accounts2012-05-31$3,480
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-05-31Yes
Was there a failure to transmit to the plan any participant contributions2012-05-31No
Has the plan failed to provide any benefit when due under the plan2012-05-31No
Contributions received in cash from employer2012-05-31$277,933
Employer contributions (assets) at beginning of year2012-05-31$47,648
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-05-31$4,008,438
Contract administrator fees2012-05-31$99,700
Assets. Value of buildings and other operty used in plan operation at beginning of year2012-05-31$0
Did the plan have assets held for investment2012-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-05-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-05-31Yes
Opinion of an independent qualified public accountant for this plan2012-05-31Disclaimer
Accountancy firm name2012-05-31HSPG & ASSOCIATES, PC
Accountancy firm EIN2012-05-31205861398
2011 : PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-05-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$28,629
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-05-31$6,018
Total income from all sources (including contributions)2011-05-31$1,459,064
Total loss/gain on sale of assets2011-05-31$0
Total of all expenses incurred2011-05-31$362,284
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-05-31$221,522
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-05-31$487,508
Value of total assets at end of year2011-05-31$7,425,459
Value of total assets at beginning of year2011-05-31$6,306,068
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-05-31$140,762
Total interest from all sources2011-05-31$9,460
Total dividends received (eg from common stock, registered investment company shares)2011-05-31$86,572
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-05-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2011-05-31$0
Total dividends received from registered investment company shares (eg mutual funds)2011-05-31$86,572
Administrative expenses professional fees incurred2011-05-31$7,975
Was this plan covered by a fidelity bond2011-05-31Yes
Value of fidelity bond cover2011-05-31$500,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-05-31$0
Were there any nonexempt tranactions with any party-in-interest2011-05-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-05-31$10,960
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-05-31$28,629
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-05-31$6,018
Other income not declared elsewhere2011-05-31$63,866
Administrative expenses (other) incurred2011-05-31$107,587
Total non interest bearing cash at end of year2011-05-31$0
Total non interest bearing cash at beginning of year2011-05-31$7,838
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Value of net income/loss2011-05-31$1,096,780
Value of net assets at end of year (total assets less liabilities)2011-05-31$7,396,830
Value of net assets at beginning of year (total assets less liabilities)2011-05-31$6,300,050
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-05-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-05-31No
Were any leases to which the plan was party in default or uncollectible2011-05-31No
Value of interest in pooled separate accounts at end of year2011-05-31$7,261,522
Value of interest in pooled separate accounts at beginning of year2011-05-31$5,969,084
Interest earned on other investments2011-05-31$9,460
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-05-31$105,329
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-05-31$76,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-05-31$76,700
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-05-31$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-05-31$193,168
Net investment gain/loss from pooled separate accounts2011-05-31$811,658
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-05-31Yes
Was there a failure to transmit to the plan any participant contributions2011-05-31No
Has the plan failed to provide any benefit when due under the plan2011-05-31No
Contributions received in cash from employer2011-05-31$487,508
Employer contributions (assets) at end of year2011-05-31$47,648
Employer contributions (assets) at beginning of year2011-05-31$44,103
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-05-31$221,522
Contract administrator fees2011-05-31$25,200
Assets. Value of buildings and other operty used in plan operation at end of year2011-05-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2011-05-31$15,175
Did the plan have assets held for investment2011-05-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-05-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-05-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-05-31Yes
Opinion of an independent qualified public accountant for this plan2011-05-31Disclaimer
Accountancy firm name2011-05-31HSPG & ASSOCIATES, PC
Accountancy firm EIN2011-05-31205861398
2010 : PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-05-31$0

Form 5500 Responses for PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141

2013: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2013 form 5500 responses
2013-06-01Type of plan entityMulti-employer plan
2013-06-01Submission has been amendedNo
2013-06-01This submission is the final filingYes
2013-06-01This return/report is a short plan year return/report (less than 12 months)Yes
2013-06-01Plan is a collectively bargained planYes
2013-06-01Plan funding arrangement – TrustYes
2013-06-01Plan benefit arrangement - TrustYes
2012: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2012 form 5500 responses
2012-06-01Type of plan entityMulti-employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planYes
2012-06-01Plan funding arrangement – TrustYes
2012-06-01Plan benefit arrangement - TrustYes
2011: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2011 form 5500 responses
2011-06-01Type of plan entityMulti-employer plan
2011-06-01Submission has been amendedYes
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planYes
2011-06-01Plan funding arrangement – InsuranceYes
2011-06-01Plan funding arrangement – TrustYes
2011-06-01Plan benefit arrangement – InsuranceYes
2011-06-01Plan benefit arrangement - TrustYes
2010: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2010 form 5500 responses
2010-06-01Type of plan entityMulti-employer plan
2010-06-01Submission has been amendedYes
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planYes
2010-06-01Plan funding arrangement – InsuranceYes
2010-06-01Plan funding arrangement – TrustYes
2010-06-01Plan benefit arrangement – InsuranceYes
2010-06-01Plan benefit arrangement - TrustYes
2009: PENSION PLAN FOR INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL NO. 1141 2009 form 5500 responses
2009-06-01Type of plan entityMulti-employer plan
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planYes
2009-06-01Plan funding arrangement – InsuranceYes
2009-06-01Plan funding arrangement – TrustYes
2009-06-01Plan benefit arrangement – InsuranceYes
2009-06-01Plan benefit arrangement - TrustYes

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