# Board Of Trustees, Electrical Workers Ibew Local 163 Annuity Fund DC Plan
Source: https://planprovider.pro/companies/board-of-trustees-electrical-workers-ibew-local-163-annuity-fund-236544827-001

> Board Of Trustees, Electrical Workers Ibew Local 163 Annuity Fund's DC plan: 488 participants, plan year 2024 financials, providers, and benchmarks from Form…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees, Electrical Workers Ibew Local 163 Annuity Fund

- **Sponsor EIN:** 236544827

- **Sponsor Address:** IE SHAFFER CO., WEST TRENTON, NJ, 086280090

- **Plan Type:** DC

- **Plan Number:** 001

- **Total Participants:** 488

- **Total Assets:** $125.4M

## 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|488|$125.4M|$9.8M|$0|

| 2023|480|$115.4M|$4.2M|$0|

| 2022|413|$97.9M|$3.7M|$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|

| CAPTRUST|Investment Advisor|$63,572|—|$63,572|

| IE SHAFFER|Other Service Provider|$50,960|—|$50,960|

| JOHN HANCOCK RETIREMENT PLAN SERVIC|Recordkeeper|$36,515|—|$36,515|

| CALIBRE CPA GROUP, PLLC|Auditor|$23,403|—|$23,403|

| MEYER, UNKOVIC, & SCOTT LLP|ERISA Attorney|$19,734|—|$19,734|

| KANG HAGGERTY & FETBROYT LLC|Other Service Provider|$11,000|—|$11,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CAPTRUST](https://planprovider.pro/provider/captrust) — Investment Advisor

- [JOHN HANCOCK RETIREMENT PLAN SERVIC](https://planprovider.pro/provider/john-hancock) — Recordkeeper

- [CALIBRE CPA GROUP, PLLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

- [MEYER, UNKOVIC, & SCOTT LLP](https://planprovider.pro/provider/meyer-unkovic-and-scott-llp) — ERISA Attorney

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $205,184

- **Estimated Expense Ratio:** 0.164% 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|$348,769|$63,572|$50,960|$23,403|—|

| 2023|$356,729|$54,789|$57,980|$22,702|—|

| 2022|$395,695|$102,537|$58,180|—|$51,784|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-electrical-workers-ibew-local-163-annuity-fund-236544827-001)

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