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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $70,000 | — | $70,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,000
- Estimated Expense Ratio: 0.011% 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 |