Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Ibew Veba Health Savings Trust
- Sponsor EIN: 273644999
- Sponsor Address: N56W13777 SILVER SPRING DR, MENOMONEE FALLS, WI, 53051
- Plan Type: 401(k)
- Plan Number: 505
- Total Participants: 3,079
- Total Assets: $2.4M
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 | 3,079 | $2.4M | $0 | $0 |
| 2023 | 3,082 | $2.5M | $0 | $0 |
| 2022 | 3,089 | $2.5M | $0 | $0 |
| 2021 | 3,089 | $2.8M | $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 |
|---|---|---|---|---|
| BPAS | Recordkeeper | $63,693 | — | $63,693 |
| SIKICH CPA LLC | Auditor | $9,375 | — | $9,375 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPAS — Recordkeeper
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,068
- Estimated Expense Ratio: 3.071% 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 | $73,068 | — | $63,693 | $9,375 | — |
| 2023 | $86,701 | — | $69,541 | $17,160 | — |
| 2022 | $76,667 | $76,667 | — | — | — |
| 2021 | $93,000 | — | $85,350 | — | — |