Plan Snapshot
- Plan Sponsor: Bd Of Trustees Of Ibt Consolidated Pension Fund
- Sponsor EIN: 822153627
- Sponsor Address: 2323 EASTLAKE AVE EAST, SEATTLE, WA, 981023305
- Plan Type: DB
- Total Participants: 3,457
- Total Assets: $180.5M
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 | 3,457 | $180.5M | $0 | $0 |
| 2023 | 3,491 | $171.1M | $10.2M | $0 |
| 2022 | 3,326 | $152.0M | $17.4M | $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 |
|---|---|---|---|---|
| NORTHWEST ADMINISTRATORS, INC. | Other Service Provider | $583,975 | — | $583,975 |
| THE MCKEOGH COMPANY | Other Service Provider | $170,105 | — | $170,105 |
| EQT FUND MANAGEMENT | Other Service Provider | $154,585 | — | $154,585 |
| LEM CAPITAL | Other Service Provider | $139,476 | — | $139,476 |
| VENABLE, LLP | ERISA Attorney | $118,134 | — | $118,134 |
| ARBOUR LANE CREDIT OPPORTUNITY FUND | Other Service Provider | $101,168 | — | $101,168 |
| ABRDN, INC | Other Service Provider | $65,208 | — | $65,208 |
| THE BANK OF BNY MELLON | Other Service Provider | $61,531 | — | $61,531 |
| CALLODINE CREDIT MANAGEMENT | Other Service Provider | $47,958 | — | $47,958 |
| MONARCH ALTERNATIVE CAPITAL LP | Other Service Provider | $47,352 | — | $47,352 |
| FORTRESS INVESTMENT GROUP LLC | Other Service Provider | $46,288 | — | $46,288 |
| BRANDYWINE GLOBAL INV MGMNT LLC | Other Service Provider | $44,298 | — | $44,298 |
| KING STREET CAPITAL MANAGEMENT, L.P | Other Service Provider | $44,219 | — | $44,219 |
| NEPC | Recordkeeper | $41,625 | — | $41,625 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $39,112 | — | $39,112 |
| KENNEDY LEWIS MANAGEMENT LP | Other Service Provider | $37,116 | — | $37,116 |
| GRAIN MANAGEMENT | Other Service Provider | $35,290 | — | $35,290 |
| FRANCISCO PARTNERS | Other Service Provider | $31,207 | — | $31,207 |
| BACKCAST PARTNERS MANAGEMENT LLC | Other Service Provider | $29,982 | — | $29,982 |
| BROOKFIELD ASSET MANAGEMENT PRIVATE | Other Service Provider | $25,665 | — | $25,665 |
| NORTHBRIDGE PARTNERS LLC | Other Service Provider | $22,182 | — | $22,182 |
| CALIBRE CPA GROUP, PLLC | Auditor | $22,000 | — | $22,000 |
| CRAYHILL CAPITAL MANAGEMENT LP | Other Service Provider | $18,591 | — | $18,591 |
| ERNST & YOUNG | Other Service Provider | $18,145 | — | $18,145 |
| PNC BANK, NA | Other Service Provider | $16,323 | — | $16,323 |
| WILLIAM BLAIR | Other Service Provider | $13,850 | — | $13,850 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $13,762 | — | $13,762 |
| FEINBERG DUMONT & BRENNAN | Other Service Provider | $13,393 | — | $13,393 |
| KAYNE ANDERSON RUDNICK | Other Service Provider | $12,233 | — | $12,233 |
| SIGULER GUFF ADVISERS, LLC | Other Service Provider | $9,969 | — | $9,969 |
| FACT CAPITAL LP | Other Service Provider | $9,724 | — | $9,724 |
| STUART & BRANIGIN, LLP | Other Service Provider | $9,120 | — | $9,120 |
| RRA INVESTMENT MANAGEMENT, LLC | Other Service Provider | $7,072 | — | $7,072 |
| SEGAL SELECT INS. SERVICES, INC. | Other Service Provider | — | $6,421 | $6,421 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VENABLE, LLP — ERISA Attorney
- NEPC — Recordkeeper
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,057,079
- Estimated Expense Ratio: 1.140% 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 | $2,288,580 | $1,057,656 | $575,086 | $22,000 | — |
| 2023 | $1,696,983 | $398,589 | $674,583 | $21,928 | — |
| 2022 | $1,627,293 | $176,092 | $685,513 | — | $552,892 |