Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ibew Local No. 725
- Sponsor EIN: 351860603
- Sponsor Address: 7440 WOODLAND DRIVE PO BOX 68994, INDIANAPOLIS, IN, 462781720
- Plan Type: DC
- Total Participants: 1,478
- Total Assets: $127.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,478 | $127.9M | $0 | $0 |
| 2024 | 1,457 | $115.2M | $0 | $0 |
| 2023 | 1,051 | $98.8M | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 0.013% 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 | $225,497 | $123,433 | $38,479 | $17,000 | — |
| 2024 | $232,475 | $98,004 | $43,380 | $17,000 | — |
| 2023 | $146,042 | $28,500 | $38,929 | — | $44,691 |