Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Ibew Local Union No. 527 Pension Plan
- Sponsor EIN: 746213086
- Sponsor Address: 2509 FM 2004, TEXAS CITY, TX, 77591
- Plan Type: DB
- Total Participants: 113
- Total Assets: $11.2M
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 | 113 | $11.2M | $573,794 | $0 |
| 2023 | 135 | $10.4M | $720,775 | $0 |
| 2022 | 154 | $9.3M | $657,052 | $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 |
|---|---|---|---|---|
| EDWARDS AND LEATHERS, P.C. | Auditor | $10,699 | — | $10,699 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,699
- Estimated Expense Ratio: 0.095% 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 | $259,832 | $49,876 | — | $10,699 | — |
| 2023 | $219,131 | $44,555 | — | $9,000 | — |
| 2022 | $225,813 | $44,976 | — | — | $61,379 |