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
- Total Participants: 2,503
- Total Assets: $823.4M
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. |
|---|---|---|---|---|
| 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 | $631,777 | — | $631,777 |
| QMA LLC - PNC | Recordkeeper | $542,812 | — | $542,812 |
| NEWTOWER TRUST COMPANY | Other Service Provider | $372,793 | — | $372,793 |
| MANNING & NAPIER ADVISORS, LP | Recordkeeper | $371,448 | — | $371,448 |
| THE UNION LABOR LIFE INSURANCE CO. | Recordkeeper | $334,137 | — | $334,137 |
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $265,848 | — | $265,848 |
| IFM GLOBAL INFRASTRUCTURE (US) LP | Other Service Provider | $166,703 | — | $166,703 |
| EXETER TRUST COMPANY | Other Service Provider | $135,121 | — | $135,121 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $100,000 | — | $100,000 |
| LOOMIS,SAYLES & COMPANY, LP - PNC | Other Service Provider | $77,827 | — | $77,827 |
| CHARTWELL INVESTMENT PARTNERS - PNC | Other Service Provider | $76,706 | — | $76,706 |
| PNC ADVISORS | Other Service Provider | $66,573 | — | $66,573 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $58,631 | — | $58,631 |
| ACRISURE | Recordkeeper | $48,704 | — | $48,704 |
| CALIBRE CPA GROUP, PLLC | Auditor | $40,419 | — | $40,419 |
| MEYER, UNKOVIC & SCOTT, LLP | Other Service Provider | $26,786 | — | $26,786 |
| COMERICA BANK | Other Service Provider | $20,715 | — | $20,715 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- QMA LLC - PNC — Recordkeeper
- MANNING & NAPIER ADVISORS, LP — Recordkeeper
- THE UNION LABOR LIFE INSURANCE CO. — Recordkeeper
- ACRISURE — Recordkeeper
- 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: $3,337,000
- Estimated Expense Ratio: 0.405% 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 | $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 |