Plan Snapshot
- Plan Sponsor: Bd Of Trustees-Southern Ct Ibew Annuity Fund
- Sponsor EIN: 060932220
- Sponsor Address: C/O ZENITH AMERICAN SOLUTIONS INC, WALLINGFORD, CT, 064927617
- Plan Type: DC
- Total Participants: 484
- Total Assets: $86.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 484 | $86.0M | $3.8M | $0 |
| 2023 | 477 | $78.7M | $2.9M | $0 |
| 2022 | 467 | $70.7M | $2.9M | $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 CO. | Other Service Provider | $68,778 | — | $68,778 |
| MORGAN STANLEY GLOBAL BANKING | Recordkeeper | $66,326 | — | $66,326 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $46,296 | — | $46,296 |
| SOLXSYS ADMINISTRATIVE SOLUTIONS | Other Service Provider | $26,000 | — | $26,000 |
| ROBERT M. CHEVERIE & ASSOC | Other Service Provider | $20,000 | — | $20,000 |
| NOVAK FRANCELLA | Auditor | $14,941 | — | $14,941 |
| SEGAL MARCO ADVISORS | Other Service Provider | $5,317 | — | $5,317 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BANKING — Recordkeeper
- NOVAK FRANCELLA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,658
- Estimated Expense Ratio: 0.288% 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 | $273,235 | $140,421 | $66,296 | $10,500 | — |
| 2023 | $258,127 | $131,301 | $67,456 | $10,500 | — |
| 2022 | $249,112 | $125,499 | $65,448 | — | $38,881 |