Plan Snapshot
- Plan Sponsor: Bd Of Trustees Neca-Ibew Local Union No 35
- Sponsor EIN: 060008934
- Sponsor Address: C/O SOLXSYS ADMINISTRATIVE SOLUTION, WALLINGFORD, CT, 064921955
- Plan Type: DC
- Plan Number: 001
- Total Participants: 486
- Total Assets: $96.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 486 | $96.3M | $6.5M | $0 |
| 2023 | 440 | $89.9M | $5.0M | $0 |
| 2022 | 440 | $80.9M | $4.9M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $99,792 | — | $99,792 |
| SOLXSYS ADMINISTRATIVE SOLUTIONS | Other Service Provider | $39,000 | — | $39,000 |
| MEKETA INVESTMENT GROUP LLP | Other Service Provider | $22,750 | — | $22,750 |
| ROBERT M CHEVERIE & ASSOC | Other Service Provider | $20,000 | — | $20,000 |
| NOVAK FRANCELLA | Auditor | $19,126 | — | $19,126 |
| ZENITH AMERICAN SOLUTIONS INC | Other Service Provider | $11,424 | — | $11,424 |
| THE SEGAL COMPANY | Other Service Provider | $5,318 | — | $5,318 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,410
- Estimated Expense Ratio: 0.226% 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 | $243,621 | $22,750 | $47,424 | $10,900 | — |
| 2023 | $205,929 | $23,907 | $45,771 | $10,500 | — |
| 2022 | $170,203 | $79,432 | $44,869 | — | $34,260 |