Plan Snapshot
- Plan Sponsor: Bd Of Trustees Iubac Local Union Officer & Empl Pension Plan
- Sponsor EIN: 300853485
- Sponsor Address: 620 F STREET,NW, WASHINGTON, DC, 200041618
- Plan Type: DB
- Plan Number: 002
- Total Participants: 1,213
- Total Assets: $160.0M
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. |
|---|---|---|---|---|
| 2025 | 1,213 | $160.0M | $0 | $0 |
| 2024 | 330 | $147.3M | $8.2M | $0 |
| 2023 | 327 | $138.4M | $7.9M | $0 |
| 2022 | 327 | $129.5M | $7.6M | $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 |
|---|---|---|---|---|
| IUBAC | Other Service Provider | $633,792 | — | $633,792 |
| ALAN D. BILLER & ASSOCIATES, INC. | Other Service Provider | $66,000 | — | $66,000 |
| CHEIRON, INC. | Other Service Provider | $64,267 | — | $64,267 |
| ARROWSTREET CAPITAL | Other Service Provider | $58,175 | — | $58,175 |
| CALIBRE CPA GROUP PLLC | Other Service Provider | $46,505 | — | $46,505 |
| FUIMAN MOGLIA, LLP | Other Service Provider | $22,754 | — | $22,754 |
| THE UNION LABOR LIFE INSURANCE CO. | Other Service Provider | $10,411 | — | $10,411 |
| INVESTMENT PERFORMANCE SERVICES, LL | Other Service Provider | $10,294 | — | $10,294 |
| NEW TOWER TRUST COMPANY | Other Service Provider | $9,638 | — | $9,638 |
| COMERICA BANK | Other Service Provider | $6,665 | — | $6,665 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $928,501
- Estimated Expense Ratio: 0.580% 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 |
|---|---|---|---|---|---|
| 2025 | $14,792,523 | $254,841 | $633,792 | $46,505 | — |
| 2024 | $1,167,773 | $321,475 | $606,724 | $45,217 | — |
| 2023 | $969,336 | $184,638 | $574,471 | $43,050 | — |
| 2022 | $773,832 | $107,159 | $506,401 | — | $106,925 |