Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Ibew 1245 Money Purchase Plan
- Sponsor EIN: 946583240
- Sponsor Address: P.O. BOX 154, SAN RAMON, CA, 945830154
- Plan Type: DC
- Total Participants: 64
- Total Assets: $40.8M
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 | 64 | $40.8M | $108,957 | $0 |
| 2023 | 53 | $40.4M | $103,616 | $0 |
| 2022 | 54 | $39.1M | $133,769 | $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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | $16,706 | — | $16,706 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,706
- Estimated Expense Ratio: 0.041% 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 | $426,294 | $149,794 | $183,790 | $16,706 | — |
| 2023 | $439,437 | $151,906 | $178,949 | $16,450 | — |
| 2022 | $441,467 | $170,064 | $166,017 | — | $46,358 |