# Board Of Trustees Of Lake County Indiana Neca-Ibew Benefit Plan Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-lake-county-indiana-neca-ibew-benefit-plan-350911491-501

> Board Of Trustees Of Lake County Indiana Neca-Ibew Benefit Plan's Health & Welfare plan: 974 participants, plan year 2024 financials, providers, and benchmar…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Lake County Indiana Neca-Ibew Benefit Plan

- **Sponsor EIN:** 350911491

- **Sponsor Address:** 7200 MISSISSIPPI STREET, SUITE 300, MERRILLVILLE, IN, 46410

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 974

- **Total Assets:** $120.4M

## 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|974|$120.4M|$22.0M|$1.3M|

| 2023|904|$116.0M|$20.3M|$1.1M|

| 2022|892|$104.4M|$17.8M|$1.1M|

## 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|

| MAGNACARE|Other Service Provider|$519,998|—|$519,998|

| INCLUDED HEALTH INC.|Other Service Provider|$115,910|—|$115,910|

| M EGENER|Other Service Provider|$108,932|—|$108,932|

| FOSTER & FOSTER|Other Service Provider|$91,833|—|$91,833|

| P KEENAN|Recordkeeper|$68,678|—|$68,678|

| LEGACY PROFESSIONALS LLP|Auditor|$63,697|—|$63,697|

| HAGBERG & ASSOCIATES, P.C.|Other Service Provider|$59,455|—|$59,455|

| M SCZURKO|Other Service Provider|$59,318|—|$59,318|

| M PARAMANTGIS|Other Service Provider|$55,745|—|$55,745|

| MARQUETTE ASSOCIATES|Other Service Provider|$55,000|—|$55,000|

| SAGE ADVISORY SERVICES LTD CO|Other Service Provider|$33,870|—|$33,870|

| PNC BANK|Other Service Provider|$5,046|—|$5,046|

### Verified Provider Profiles

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

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $1,237,482

- **Estimated Expense Ratio:** 1.028% 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|$923,274|$152,085|—|$36,638|—|

| 2023|$869,176|$155,346|—|$45,750|—|

| 2022|$738,346|$112,960|—|—|$165,299|

## Similar Plans

- [Ibew Local Union 481 Defined Contribution](https://planprovider.pro/companies/ibew-local-union-481-defined-contribution-351501496-003) — 3,110 participants

- [Board Of Trustees Of Electrical Workers Benefit Trust Fund](https://planprovider.pro/companies/board-of-trustees-of-electrical-workers-benefit-trust-fund-350851694-501) — 2,634 participants

- [Gaylor Electric, INC.](https://planprovider.pro/companies/gaylor-electric-inc-401k-plan) — 2,620 participants

- [Ibew Local #481 Supplemental Unemployment Benefit Plan](https://planprovider.pro/companies/ibew-local-481-supplemental-unemployment-benefit-plan-474203459-501) — 2,315 participants

- [Board Of Trustees, Ibew Local No. 725](https://planprovider.pro/companies/board-of-trustees-ibew-local-no-725-351860603-001) — 1,478 participants

- [Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund](https://planprovider.pro/companies/trustees-of-local-697-i-b-e-w-elect-industry-pension-fund-plan) — 911 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-lake-county-indiana-neca-ibew-benefit-plan-350911491-501)

© 2026 PlanProvider.Pro