Plan Snapshot
- Plan Sponsor: Bd Of Trustees Iubac Salaried Empl Pen Plan
- Sponsor EIN: 472695752
- Sponsor Address: 620 F STREET, NW, WASHINGTON, DC, 200041618
- Plan Type: DB
- Total Participants: 182
- Total Assets: $211.8M
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 | 182 | $211.8M | $10.8M | $676,298 |
| 2023 | 185 | $194.4M | $12.4M | $664,639 |
| 2022 | 185 | $175.7M | $12.3M | $652,292 |
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 | $393,166 | — | $393,166 |
| ARROWSTREET CAPITAL | Other Service Provider | $94,161 | — | $94,161 |
| ALAN D. BILLER & ASSOCIATES, INC. | ERISA Attorney | $75,000 | — | $75,000 |
| CHEIRON, INC. | Other Service Provider | $43,215 | — | $43,215 |
| CALIBRE CPA GROUP PLLC | Auditor | $34,402 | — | $34,402 |
| FUIMAN MOGLIA, LLP | Other Service Provider | $22,733 | — | $22,733 |
| NEW TOWER TRUST COMPANY | Other Service Provider | $17,892 | — | $17,892 |
| INVESTMENT PERFORMANCE SERVICES, LL | Other Service Provider | $14,894 | — | $14,894 |
| COMERICA BANK | Other Service Provider | $13,366 | — | $13,366 |
| THE UNION LABOR LIFE INSURANCE CO. | Recordkeeper | $13,299 | — | $13,299 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALAN D. BILLER & ASSOCIATES, INC. — ERISA Attorney
- CALIBRE CPA GROUP PLLC — Auditor
- THE UNION LABOR LIFE INSURANCE CO. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $722,128
- Estimated Expense Ratio: 0.341% 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 | $1,021,506 | $455,289 | $393,166 | $34,402 | — |
| 2023 | $823,371 | $237,919 | $416,478 | $32,750 | — |
| 2022 | $632,791 | $134,756 | $350,615 | — | $104,477 |