Plan Snapshot
- Plan Sponsor: Board Of Trustees,Ibew Local Union No 5 & Western PA Chapter Neca
- Sponsor EIN: 256032108
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: DB
- Plan Number: 001
- Total Participants: 4,982
- Total Assets: $929.4M
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 | 4,982 | $929.4M | $0 | $0 |
| 2024 | 2,503 | $823.4M | $39.0M | $0 |
| 2023 | 2,600 | $735.0M | $36.2M | $0 |
| 2022 | 2,600 | $651.6M | $33.4M | $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 |
|---|---|---|---|---|
| CENTRAL DATA SERVICES | Other Service Provider | $636,381 | — | $636,381 |
| IFM GLOBAL INFRASTRUCTURE (US) LP | Other Service Provider | $546,093 | — | $546,093 |
| QMA LLC - PNC | Other Service Provider | $444,879 | — | $444,879 |
| NEWTOWER TRUST COMPANY | Other Service Provider | $378,903 | — | $378,903 |
| THE UNION LABOR LIFE INSURANCE CO. | Other Service Provider | $332,378 | — | $332,378 |
| MANNING & NAPIER ADVISORS, LP | Other Service Provider | $329,399 | — | $329,399 |
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $266,067 | — | $266,067 |
| EXETER TRUST COMPANY | Other Service Provider | $155,378 | — | $155,378 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $105,850 | — | $105,850 |
| CHARTWELL INVESTMENT PARTNERS - PNC | Other Service Provider | $80,814 | — | $80,814 |
| PNC ADVISORS | Other Service Provider | $73,592 | — | $73,592 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $59,073 | — | $59,073 |
| ACRISURE | Other Service Provider | $56,960 | — | $56,960 |
| CALIBRE CPA GROUP, PLLC | Other Service Provider | $51,770 | — | $51,770 |
| LOOMIS,SAYLES & COMPANY, LP - PNC | Other Service Provider | $41,476 | — | $41,476 |
| LOGAN, METTLEY & NEWCOMER, PLC | Other Service Provider | $22,818 | — | $22,818 |
| COMERICA BANK | Other Service Provider | $21,593 | — | $21,593 |
| MARCO CONSULTING GROUP, INC. | Other Service Provider | $5,850 | — | $5,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,609,274
- Estimated Expense Ratio: 0.388% 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 | $36,173,628 | $2,928,019 | $636,381 | $47,440 | — |
| 2024 | $3,603,755 | $2,578,942 | $631,777 | $40,419 | — |
| 2023 | $3,400,914 | $2,423,181 | $592,310 | $66,176 | — |
| 2022 | $2,768,796 | $1,734,773 | $542,928 | — | $244,764 |