Plan Snapshot
- Plan Sponsor: Board Of Trustees International Brotherh Electrical Workers Pension Pl
- Sponsor EIN: 231990722
- Sponsor Address: 1719 SPRING GARDEN STREET, PHILADELPHIA, PA, 191303915
- Plan Type: DB
- Total Participants: 2,508
- Total Assets: $624.0M
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 | 2,508 | $624.0M | $51.6M | $0 |
| 2023 | 2,573 | $554.6M | $45.9M | $0 |
| 2022 | 2,487 | $487.3M | $40.2M | $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 |
|---|---|---|---|---|
| LSV ASSET MANAGEMENT | Other Service Provider | $548,445 | — | $548,445 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $291,321 | — | $291,321 |
| HARBOURVEST PARTNERS LLC | Other Service Provider | — | $199,613 | $199,613 |
| CHEIRON,INC. | Other Service Provider | $185,303 | — | $185,303 |
| FRANK M. VACARRO & ASSOCIATES | Other Service Provider | $153,271 | — | $153,271 |
| PINNACLE ASSET MANAGEMENT LP | Investment Advisor | — | $147,819 | $147,819 |
| HAMILTON LANE ADVISORS, LLC | Other Service Provider | — | $144,728 | $144,728 |
| NEWTOWER TRUST COMPANY | Other Service Provider | — | $138,546 | $138,546 |
| NATIONAL REAL ESTATE ADVISORS LLC | Other Service Provider | $128,903 | — | $128,903 |
| CLEARY, JOSEM & TRIGIANI LLP | Other Service Provider | $109,602 | — | $109,602 |
| UNION LABOR LIFE INSURANCE COMPANY | Recordkeeper | $95,641 | — | $95,641 |
| MARCO CONSULTING GROUP | Other Service Provider | $85,000 | — | $85,000 |
| NB ALTERNATIVES ADVISERS LLC | Other Service Provider | — | $84,145 | $84,145 |
| NOVAK FRANCELLA LLC | Auditor | $82,844 | — | $82,844 |
| PINNACLE ASSOCIATES GP, LLC | Other Service Provider | — | $61,302 | $61,302 |
| PNC BANK NATIONAL ASSOCIATION | Other Service Provider | $58,043 | — | $58,043 |
| BLACKROCK INVESTMENT MANAGMENT LLC | Other Service Provider | $54,000 | — | $54,000 |
| GOODWIN CAPITAL ADVISORS | Other Service Provider | $48,248 | — | $48,248 |
| FOX ROTHSCHILD LLP | ERISA Attorney | $27,241 | — | $27,241 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PINNACLE ASSET MANAGEMENT LP — Investment Advisor
- UNION LABOR LIFE INSURANCE COMPANY — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
- FOX ROTHSCHILD LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,644,015
- Estimated Expense Ratio: 0.424% 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 | $3,105,432 | $2,164,601 | $125,071 | $70,000 | — |
| 2023 | $2,893,301 | $2,066,409 | $110,001 | $66,700 | — |
| 2022 | $2,953,707 | $2,229,364 | $100,000 | — | $341,983 |