Plan Snapshot
- Plan Sponsor: Board Of Trustees - International Association Of Bridge, Structural,
- Sponsor EIN: 546071250
- Sponsor Address: 5305 VIRGINIA BEACH BLVD., NORFOLK, VA, 23502
- Plan Type: DB
- Plan Number: 001
- Total Participants: 199
- Total Assets: $5.1M
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 | 199 | $5.1M | $1.5M | $0 |
| 2023 | 195 | $5.6M | $1.3M | $0 |
| 2022 | 128 | $6.5M | $912,279 | $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 |
|---|---|---|---|---|
| SOUTHERN BENEFIT ADMINISTRATORS | Other Service Provider | $48,433 | — | $48,433 |
| BHA CONSULTING | Other Service Provider | $27,598 | — | $27,598 |
| MORGAN STANLEY | Recordkeeper | $21,863 | — | $21,863 |
| DANIELS, IRWIN & AYLOR | Auditor | $16,750 | — | $16,750 |
| TRUIST BANK | Other Service Provider | $5,084 | — | $5,084 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
- DANIELS, IRWIN & AYLOR — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,728
- Estimated Expense Ratio: 2.331% 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 | $159,387 | $21,863 | $48,000 | $16,750 | — |
| 2023 | $225,290 | $25,399 | $48,000 | $18,675 | — |
| 2022 | $181,173 | $30,622 | $48,000 | — | $28,891 |