Plan Snapshot
- Plan Sponsor: Board Of Trustees For The Ibew 141 Profit Sharing Plan
- Sponsor EIN: 205981161
- Sponsor Address: 82 BURKHAM CT, WHEELING, WV, 260035306
- Plan Type: DC
- Total Participants: 233
- Total Assets: $113.7M
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 | 233 | $113.7M | $4.2M | $0 |
| 2023 | 285 | $104.3M | $3.7M | $0 |
| 2022 | 225 | $93.5M | $3.8M | $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 |
|---|---|---|---|---|
| JP MORGAN INVESTMENT MANAGEMENT | Custodian / Trustee | $677,310 | — | $677,310 |
| AMERICAN BENEFIT CORP | Other Service Provider | $52,958 | $2,255 | $55,213 |
| FIFTH THIRD BANK | Custodian / Trustee | $31,323 | — | $31,323 |
| BENEFIT SOLUTIONS INC | Recordkeeper | $30,938 | — | $30,938 |
| KOZICKI HUGHES TICKERHOOF, PLLC | Auditor | $20,000 | — | $20,000 |
| GALLAGHER FIDUCIARY ADVISORS | Investment Advisor | $17,500 | — | $17,500 |
| IBEW LOCAL UNION 141 | Other Service Provider | $13,768 | — | $13,768 |
| INTERNATIONAL FOUNDATION OF EBP | Other Service Provider | $13,765 | — | $13,765 |
| MACALA & PIATT, LLC | ERISA Attorney | $13,391 | — | $13,391 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KOZICKI HUGHES TICKERHOOF, PLLC — Auditor
- GALLAGHER FIDUCIARY ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $873,208
- Estimated Expense Ratio: 0.768% 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 | $889,203 | $724,205 | — | — | — |
| 2023 | $802,270 | $650,132 | — | — | — |
| 2022 | $796,753 | $638,710 | — | — | $30,916 |