Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ibew/Neca Sound And Communications
- Sponsor EIN: 770234638
- Sponsor Address: 6800 SANTA TERESA BLVD STE 100, SAN JOSE, CA, 95119
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,014
- Total Assets: $89.2M
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 | 3,014 | $89.2M | $78.3M | $328,629 |
| 2023 | 3,086 | $78.0M | $68.4M | $414,548 |
| 2022 | 3,210 | $75.6M | $66.5M | $346,276 |
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 |
|---|---|---|---|---|
| UNITED ADMINISTRATIVE SERVICES | Other Service Provider | $1,124,328 | — | $1,124,328 |
| ANTHEM BLUE CROSS | Other Service Provider | $458,210 | — | $458,210 |
| MILLER KAPLAN ARASE LLP | Auditor | $195,225 | — | $195,225 |
| BAY SPORT INC. | Other Service Provider | $143,364 | — | $143,364 |
| SMART SOURCE OF CA | Other Service Provider | $115,070 | — | $115,070 |
| UNION DATA SYSTEMS | Other Service Provider | $84,729 | — | $84,729 |
| NEYHART, ANDERSON, FLYNN & GROSBOLL | Other Service Provider | $53,750 | — | $53,750 |
| PRUDENTIAL TRUST CO | Other Service Provider | $52,648 | — | $52,648 |
| PATRIOT GROWTH INSURANCE SERVICES | Other Service Provider | $48,000 | — | $48,000 |
| TELLUS HEALTH | Other Service Provider | $43,378 | — | $43,378 |
| PSG CONSULTING, LLC | Other Service Provider | $41,783 | — | $41,783 |
| ALAN D. BILLER & ASSOCIATES, INC. | ERISA Attorney | $36,000 | — | $36,000 |
| MEDEXPERT INTERNATIONAL, INC. | Other Service Provider | $24,000 | — | $24,000 |
| NEUBERGER BERMAN | Other Service Provider | $19,455 | — | $19,455 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
- ALAN D. BILLER & ASSOCIATES, INC. — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,439,940
- Estimated Expense Ratio: 2.737% 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 | $2,016,815 | $108,103 | $881,196 | $43,946 | — |
| 2023 | $2,023,714 | $80,153 | $908,808 | $31,750 | — |
| 2022 | $2,015,594 | $74,687 | $1,170,706 | — | $307,564 |