Plan Snapshot
- Plan Sponsor: Board Of Trustees Ibew Local 704 Retirement Income Plan
- Sponsor EIN: 420328998
- Sponsor Address: 1700 52ND AVE, MOLINE, IL, 612656378
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $48.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 180 | $48.2M | $2.1M | $193,724 |
| 2023 | 171 | $43.6M | $2.0M | $165,093 |
| 2022 | 160 | $40.2M | $2.0M | $178,597 |
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 |
|---|---|---|---|---|
| CALIBRE CPA GROUP PLLC | Auditor | $12,080 | — | $12,080 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,080
- Estimated Expense Ratio: 0.025% 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 | $127,221 | $17,500 | $15,492 | $12,080 | — |
| 2023 | $121,489 | $17,000 | $12,942 | $14,492 | — |
| 2022 | $106,642 | $64,625 | $12,013 | — | $26,543 |