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 |
|---|---|---|---|---|
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $127,664 | — | $127,664 |
| SIERRA INVESTMENT PARTNERS, INC. | Other Service Provider | $115,526 | — | $115,526 |
| WEDGE CAPITAL | Other Service Provider | $98,118 | — | $98,118 |
| COMPUSYS | Other Service Provider | $91,813 | — | $91,813 |
| INTERCONTINENTAL REAL ESTATE | Other Service Provider | $84,118 | — | $84,118 |
| RICHMOND CAPITAL | Other Service Provider | $83,362 | — | $83,362 |
| HARDMAN JOHNSTON GLOBAL ADVISORS LL | Other Service Provider | $77,680 | — | $77,680 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $66,410 | — | $66,410 |
| CALIBRE CPA GROUP, PLLC | Auditor | $62,100 | — | $62,100 |
| DANA INVESTMENT ADVISORS, INC | Other Service Provider | $52,231 | — | $52,231 |
| BLACKROCK INST. TRUST CO. | Other Service Provider | $47,652 | — | $47,652 |
| JPMORGAN CHASE BANK, N.A. | Recordkeeper | $47,310 | — | $47,310 |
| NEBA | Other Service Provider | $44,250 | — | $44,250 |
| SMITH, GRAHAM & CO. INVESTMENT ADVI | Other Service Provider | $34,710 | — | $34,710 |
| ASB CAPITAL MANAGEMENT LLC | Other Service Provider | $28,377 | — | $28,377 |
| BRANSTETTER, STRANCH & JENNINGS | Other Service Provider | $24,788 | — | $24,788 |
| US BANK | Other Service Provider | $8,401 | — | $8,401 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
- JPMORGAN CHASE BANK, N.A. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,094,510
- Estimated Expense Ratio: 0.711% 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 |