Plan Snapshot
- Plan Sponsor: Board Of Trustees Local No. 8 Ibew Retirement Plan & Trust
- Sponsor EIN: 346596899
- Sponsor Address: 727 LIME CITY ROAD, ROSSFORD, OH, 434601611
- Plan Type: DC
- Total Participants: 2,619
- Total Assets: $671.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,619 | $671.0M | $20.6M | $5.8M |
| 2023 | 2,292 | $614.2M | $18.2M | $5.1M |
| 2022 | 2,665 | $545.7M | $19.0M | $5.6M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS, LLC | Other Service Provider | $352,159 | — | $352,159 |
| NWO ELECTRICAL ADMIN. INC. | Recordkeeper | $335,407 | — | $335,407 |
| BLACKSTONE INVESTMENT MANAGEMENT | Other Service Provider | $314,163 | — | $314,163 |
| COLUMBIA MANAGEMENT INVESTMENT ADVI | Investment Advisor | $290,067 | — | $290,067 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $233,429 | — | $233,429 |
| METROPOLITAN WEST ASSET MANAGEMENT | Other Service Provider | $219,441 | — | $219,441 |
| EMPOWER ANNUITY INS CO. OF AMERICA | Recordkeeper | $205,053 | — | $205,053 |
| NEW TOWER TRUST COMPANY | Other Service Provider | $200,365 | — | $200,365 |
| RIVER ROAD ASSET MANAGEMENT, LLC | Other Service Provider | $186,659 | — | $186,659 |
| PARAMETRIC PORTFOLIO ASSOCIATES | Other Service Provider | $185,724 | — | $185,724 |
| SHUMAKER, LOOP & KENDRICK, LLP | ERISA Attorney | $37,298 | — | $37,298 |
| MSPC CPAS & ADVISORS, P.C. | Auditor | $29,279 | — | $29,279 |
| INNOVATIVE SOFTWARE SOLUTIONS, INC | Other Service Provider | $20,788 | — | $20,788 |
| SEGAL MARCO ADVISORS | Investment Advisor | $9,375 | — | $9,375 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COLUMBIA MANAGEMENT INVESTMENT ADVI — Investment Advisor
- MSPC CPAS & ADVISORS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,619,207
- Estimated Expense Ratio: 0.390% 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 | $2,331,703 | $1,629,848 | — | $29,279 | — |
| 2023 | $2,234,407 | $1,591,574 | — | $31,694 | — |
| 2022 | $1,743,328 | $1,119,484 | — | — | $51,481 |