Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ibew Local 445 Pension Fund
- Sponsor EIN: 386142222
- Sponsor Address: 1423 EAST 12 MILE ROAD, MADISON HEIGHTS, MI, 48071
- Plan Type: DB
- Total Participants: 249
- Total Assets: $33.8M
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 | 249 | $33.8M | $0 | $0 |
| 2024 | 182 | $30.3M | $0 | $0 |
| 2023 | 212 | $27.7M | $0 | $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 |
|---|---|---|---|---|
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $14,850 | — | $14,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,850
- Estimated Expense Ratio: 0.044% 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 | $314,392 | $186,743 | $25,702 | $14,850 | — |
| 2024 | $300,476 | $95,923 | $26,551 | $14,300 | — |
| 2023 | $258,093 | $151,834 | $11,276 | — | $59,233 |