Plan Snapshot
- Plan Sponsor: Board Of Trustees I.B.E.W. Local 25 Pension Fund
- Sponsor EIN: 116038558
- Sponsor Address: 372 VANDERBILT MOTOR PARKWAY, HAUPPAUGE, NY, 117885133
- Plan Type: DB
- Plan Number: 001
- Total Participants: 3,549
- Total Assets: $359.9M
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 | 3,549 | $359.9M | $0 | $0 |
| 2024 | 1,431 | $324.0M | $16.8M | $0 |
| 2023 | 1,677 | $298.9M | $15.8M | $0 |
| 2022 | 1,656 | $274.6M | $15.2M | $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 |
|---|---|---|---|---|
| PANAGORA ASSET MANAGEMENT | Other Service Provider | $126,145 | — | $126,145 |
| BANK OF NEW YORK MELLON | Other Service Provider | $115,604 | — | $115,604 |
| PRUDENTIAL INSURANCE CO. OF AMERICA | Other Service Provider | $98,439 | — | $98,439 |
| KEYSTONE 74 BENEFITS & ADMINISTRATI | Other Service Provider | $94,125 | — | $94,125 |
| LSV ASSET MANAGEMENT | Other Service Provider | $67,908 | — | $67,908 |
| SEGAL MARCO ADVISORS | Other Service Provider | $67,333 | — | $67,333 |
| LOOMIS SAYLES TRUST COMPANY, LLC | Other Service Provider | $63,350 | — | $63,350 |
| ULLICO INVESTMENT ADVISORS LLC | Other Service Provider | $59,281 | — | $59,281 |
| SCHULTHEIS & PANETTIERI, LLP | Other Service Provider | $46,900 | — | $46,900 |
| ARCHER, BYINGTON, GLENNON & LEVINE | Other Service Provider | $27,150 | — | $27,150 |
| BERARD & ASSOCIATES, CPA'S PC | Other Service Provider | $5,400 | — | $5,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $771,635
- Estimated Expense Ratio: 0.214% 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 | $22,358,003 | $607,633 | $98,439 | $46,900 | — |
| 2024 | $1,666,029 | $804,952 | $148,575 | $46,000 | — |
| 2023 | $1,189,732 | $503,855 | $79,160 | $46,400 | — |
| 2022 | $1,416,364 | $664,004 | — | — | $152,992 |