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
- Plan Number: 001
- Total Participants: 565
- Total Assets: $126.5M
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. |
|---|---|---|---|---|
| 2025 | 565 | $126.5M | $0 | $0 |
| 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 | $730,432 | — | $730,432 |
| AMERICAN BENEFIT CORP | Other Service Provider | $60,209 | $2,255 | $62,464 |
| FIFTH THIRD BANK | Custodian / Trustee | $27,322 | — | $27,322 |
| BENEFIT SOLUTIONS INC | Recordkeeper | $26,906 | — | $26,906 |
| MACALA & PIATT, LLC | ERISA Attorney | $20,913 | — | $20,913 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $19,260 | $950 | $20,210 |
| KOZICKI HUGHES TICKERHOOF, PLLC | Auditor | $20,000 | — | $20,000 |
| GALLAGHER FIDUCIARY ADVISORS | Other Service Provider | $17,500 | — | $17,500 |
| IBEW LOCAL UNION 141 | Other Service Provider | $13,768 | — | $13,768 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $939,515
- Estimated Expense Ratio: 0.742% 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 |
|---|---|---|---|---|---|
| 2025 | $7,858,209 | $774,333 | — | — | — |
| 2024 | $889,203 | $724,205 | — | — | — |
| 2023 | $802,270 | $650,132 | — | — | — |
| 2022 | $796,753 | $638,710 | — | — | $30,916 |