Plan Snapshot
- Plan Sponsor: B Of T Ibew Local Nos 570 & 518 And Southern Az Chap Neca Pension Plan
- Sponsor EIN: 866089862
- Sponsor Address: 2550 W UNION HILLS DR STE 290, PHOENIX, AZ, 850275198
- Plan Type: DB
- Total Participants: 600
- Total Assets: $119.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 600 | $119.1M | $3.8M | $0 |
| 2023 | 583 | $110.5M | $3.7M | $0 |
| 2022 | 534 | $98.7M | $3.4M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BALDWIN MOFFITT BEHM LLP | Auditor | $28,260 | — | $28,260 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,260
- Estimated Expense Ratio: 0.024% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $813,913 | $469,396 | $79,512 | $28,260 | — |
| 2023 | $899,353 | $514,428 | $79,512 | $30,576 | — |
| 2022 | $867,658 | $554,809 | $79,512 | — | $109,410 |