Plan Snapshot
- Plan Sponsor: Board Of Trustees Of I.B.E.W. Local 25 401k Fund
- Sponsor EIN: 112744709
- Sponsor Address: 372 VANDERBILT MOTOR PARKWAY, HAUPPAUGE, NY, 117885133
- Plan Type: 401(k)
- Total Participants: 2,394
- Total Assets: $428.6M
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 | 2,394 | $428.6M | $4.7M | $14.0M |
| 2023 | 2,403 | $395.6M | $4.5M | $13.6M |
| 2022 | 2,389 | $361.5M | $4.3M | $13.7M |
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 |
|---|---|---|---|---|
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $143,573 | — | $143,573 |
| BANK OF NEW YORK MELLON | Other Service Provider | $134,846 | — | $134,846 |
| LOOMIS SAYLES TRUST COMPANY, LLC | Other Service Provider | $100,205 | — | $100,205 |
| PANAGORA ASSET MANAGEMENT | Other Service Provider | $84,684 | — | $84,684 |
| SEGAL MARCO ADVISORS | Other Service Provider | $75,648 | — | $75,648 |
| LSV ASSET MANAGEMENT | Other Service Provider | $67,697 | — | $67,697 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $38,000 | — | $38,000 |
| ARCHER, BYINGTON, GLENNON & LEVINE | ERISA Attorney | $20,694 | — | $20,694 |
| BERARD & ASSOCIATES, CPA'S PC | Other Service Provider | $5,400 | — | $5,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $670,747
- Estimated Expense Ratio: 0.156% 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 | $1,366,193 | $530,956 | — | $37,000 | — |
| 2023 | $1,279,327 | $621,635 | — | $41,400 | — |
| 2022 | $1,247,346 | $603,892 | — | — | $59,574 |