Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Carolina Electrical Workers Retirement Fund
- Sponsor EIN: 561351864
- Sponsor Address: 2010 NW 150TH AVE, PEMBROKE PINES, FL, 330282887
- Plan Type: DC
- Total Participants: 5,190
- Total Assets: $154.0M
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 | 5,190 | $154.0M | $12.2M | $0 |
| 2023 | 6,154 | $136.1M | $8.5M | $0 |
| 2022 | 5,806 | $127.5M | $8.1M | $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 |
|---|---|---|---|---|
| CALIBRE CPA GROUP, PLLC | Auditor | $41,500 | — | $41,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,500
- Estimated Expense Ratio: 0.027% 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 | $1,059,570 | $739,949 | $86,237 | $41,500 | — |
| 2023 | $1,076,393 | $836,777 | $70,800 | $42,907 | — |
| 2022 | $1,030,299 | $783,653 | $70,800 | — | $86,456 |