# Board Of Trustees Of I.B.E.W. Local 241 Pension Plan DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-i-b-e-w-local-241-pension-plan-plan

> Board Of Trustees Of I.B.E.W. Local 241 Pension Plan's DB plan: 128 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of I.B.E.W. Local 241 Pension Plan

- **Sponsor EIN:** 166118689

- **Sponsor Address:** 134 CECIL A MALONE DRIVE, ITHACA, NY, 148505124

- **Plan Type:** DB

- **Total Participants:** 128

- **Total Assets:** $27.3M

## 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.|

| 2025|128|$27.3M|$0|$0|

| 2024|119|$25.3M|$0|$0|

| 2023|118|$23.3M|$0|$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|

| MENGEL METZGER BARR & CO. LLP|Auditor|$29,064|—|$29,064|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MENGEL METZGER BARR & CO. LLP](https://planprovider.pro/provider/mengel-metzger-barr-and-co-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $29,064

- **Estimated Expense Ratio:** 0.106% 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|

| 2025|$295,600|$65,999|—|$29,064|—|

| 2024|$313,821|$65,802|—|$27,014|—|

| 2023|$271,171|$70,507|—|—|$124,763|

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