# Bd Of Trustees Ibew Local No 129 Health And Welfare Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/bd-of-trustees-ibew-local-no-129-health-and-welfare-fund-346608616-501

> Bd Of Trustees Ibew Local No 129 Health And Welfare Fund's Health & Welfare plan: 316 participants, plan year 2024 financials, providers, and benchmarks from…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bd Of Trustees Ibew Local No 129 Health And Welfare Fund

- **Sponsor EIN:** 346608616

- **Sponsor Address:** 5600 NEW KING DRIVE, TROY, MI, 48098

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 316

- **Total Assets:** $7.2M

## 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|316|$7.2M|$7.0M|$652,295|

| 2023|289|$5.1M|$5.0M|$695,675|

| 2022|282|$4.6M|$5.0M|$699,637|

## 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|

| ANTHEM|Other Service Provider|$240,705|—|$240,705|

| SOLXSYS ADMINISTRATIVE SOLUTIONS|Other Service Provider|$160,477|—|$160,477|

| DGPERRY, PLLC|Auditor|$53,458|—|$53,458|

| ALLOTTA FARLEY CO LPA|Other Service Provider|$52,934|—|$52,934|

| SEGAL GROUP, INC|Other Service Provider|$51,832|—|$51,832|

| IFEBP|Other Service Provider|$9,130|—|$9,130|

| MARC SCHUESZLER|Custodian / Trustee|$5,663|—|$5,663|

| ANCORA|Other Service Provider|$5,546|—|$5,546|

| MICHAEL RUSSELLE|Custodian / Trustee|$5,162|—|$5,162|

| KEY BANK NATIONAL ASSOCIATION|Investment Advisor|$5,000|—|$5,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DGPERRY, PLLC](https://planprovider.pro/provider/dgperry-pllc) — Auditor

- [KEY BANK NATIONAL ASSOCIATION](https://planprovider.pro/provider/victory-capital-management-inc) — Investment Advisor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $589,907

- **Estimated Expense Ratio:** 8.198% 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|$606,123|$10,546|$399,619|$53,458|—|

| 2023|$673,350|$11,286|$508,710|$12,000|—|

| 2022|$664,786|$10,999|$448,247|—|$163,018|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/bd-of-trustees-ibew-local-no-129-health-and-welfare-fund-346608616-501)

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