Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Ibew Local 139 Pension
- Sponsor EIN: 516029960
- Sponsor Address: 415 WEST SECOND STREET, ELMIRA, NY, 149012416
- Plan Type: DB
- Plan Number: 001
- Total Participants: 217
- Total Assets: $52.8M
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 | 217 | $52.8M | $3.3M | $0 |
| 2023 | 215 | $47.5M | $3.1M | $0 |
| 2022 | 214 | $44.3M | $2.6M | $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 |
|---|---|---|---|---|
| IPS | Other Service Provider | $47,500 | — | $47,500 |
| HGK TRINITY STREET INTERNATIONAL FU | Other Service Provider | $47,165 | — | $47,165 |
| HAMILTON | Other Service Provider | $46,874 | — | $46,874 |
| MANNING & NAPIER ADVISORS, INC. | Other Service Provider | $40,035 | — | $40,035 |
| ASB CAPITAL COMPANY | Other Service Provider | $32,797 | — | $32,797 |
| MENGEL, METZGER, BARR & CO. LLP | Auditor | $29,000 | — | $29,000 |
| BLITMAN & KING | ERISA Attorney | $22,422 | — | $22,422 |
| JP MORGAN | Recordkeeper | $21,063 | — | $21,063 |
| MCCARTHY & ASSOCIATES | Other Service Provider | $11,562 | — | $11,562 |
| ULLICO | Recordkeeper | $6,746 | — | $6,746 |
| BANK OF LABOR | Other Service Provider | $5,311 | — | $5,311 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MENGEL, METZGER, BARR & CO. LLP — Auditor
- JP MORGAN — Recordkeeper
- ULLICO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $310,475
- Estimated Expense Ratio: 0.588% 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 | $478,864 | $245,966 | — | $29,000 | — |
| 2023 | $467,395 | $225,061 | — | $27,700 | — |
| 2022 | $559,329 | $325,942 | — | — | $98,772 |