Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Neca-Ibew Memphis Retirement Plan
- Sponsor EIN: 621256120
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489179275
- Plan Type: DC
- Total Participants: 3,153
- Total Assets: $230.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 3,153 | $230.0M | $0 | $0 |
| 2024 | 2,755 | $213.4M | $0 | $0 |
| 2023 | 2,389 | $183.6M | $0 | $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 |
|---|---|---|---|---|
| DGPERRY, PLLC | Auditor | $29,096 | — | $29,096 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGPERRY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,096
- Estimated Expense Ratio: 0.013% 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 |
|---|---|---|---|---|---|
| 2025 | $336,430 | $51,000 | $62,740 | $29,096 | — |
| 2024 | $327,714 | $92,033 | $43,555 | $36,313 | — |
| 2023 | $303,916 | $51,000 | $132,464 | — | $73,587 |