Plan Snapshot
- Plan Sponsor: Bd Of Trustees, Ups Local 177, Ibt Multi Employer Retirement Plan
- Sponsor EIN: 131426500
- Sponsor Address: 55 GLENLAKE PARKWAY, NE, ATLANTA, GA, 303283474
- Plan Type: DB
- Total Participants: 4,753
- Total Assets: $2.0B
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 | 4,753 | $2.0B | $111.8M | $0 |
| 2023 | 4,785 | $1.8B | $119.4M | $0 |
| 2022 | 4,915 | $1.6B | $125.0M | $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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, LLP | Auditor | $69,080 | — | $69,080 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,080
- Estimated Expense Ratio: 0.003% 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 | $5,835,827 | $4,380,378 | — | $69,080 | — |
| 2023 | $5,519,517 | $4,247,595 | — | $67,726 | — |
| 2022 | $4,931,095 | $3,970,549 | — | — | $419,660 |