Plan Snapshot
- Plan Sponsor: Bd Of Trustees For Electrical Wkrs Loc No. 26 Individual Account Fund
- Sponsor EIN: 521250801
- Sponsor Address: 10003 DEREKWOOD LANE, SUITE 130, LANHAM, MD, 207064811
- Plan Type: DC
- Total Participants: 12,273
- Total Assets: $1.3B
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,273 | $1.3B | $60.6M | $0 |
| 2023 | 11,691 | $1.1B | $51.9M | $0 |
| 2022 | 11,479 | $948.4M | $50.9M | $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 |
|---|---|---|---|---|
| ELECTRICAL WELFARE TRUST FUND | SERVICE PROVIDER | $717,877 | — | $717,877 |
| FIDELITY INVMTS. INST. OPERATIONS | SERVICE PROVIDER | $655,515 | — | $655,515 |
| SARFINO AND RHOADES, LLP | SERVICE PROVIDER | $60,935 | — | $60,935 |
| SEGAL MARCO ADVISORS | SERVICE PROVIDER | $49,150 | — | $49,150 |
| O'DONOGHUE AND O'DONOGHUE | SERVICE PROVIDER | $21,980 | — | $21,980 |
| SLEVIN & HART P.C. | SERVICE PROVIDER | $13,019 | — | $13,019 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVMTS. INST. OPERATIONS — SERVICE PROVIDER
- SLEVIN & HART P.C. — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,518,476
- Estimated Expense Ratio: 0.117% 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 | $1,846,801 | $314,839 | $717,877 | $60,935 | — |
| 2023 | $1,129,642 | $269,684 | $241,180 | $54,325 | — |
| 2022 | $1,203,959 | $199,701 | $731,375 | — | $151,777 |