# Board Of Trustees Of Local 1783 I.B.E.W. Pension Fund DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-the-pension-and-insurance-fund-of-local-1783-i-b-plan

> Board Of Trustees Of Local 1783 I.B.E.W. Pension Fund&#39;s DB plan: 74 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Local 1783 I.B.E.W. Pension Fund

- **Sponsor EIN:** 131889643

- **Sponsor Address:** 84 BUSINESS PARK DRIVE, NORTH WHITE PLAINS, NY, 106032414

- **Plan Type:** DB

- **Total Participants:** 74

- **Total Assets:** $16.7M

## 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|74|$16.7M|$239,652|$0|

| 2023|88|$17.6M|$205,316|$0|

| 2022|72|$18.6M|$200,093|$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|

| NOVAK FRANCELLA, LLC|Auditor|$24,700|—|$24,700|

### Verified Provider Profiles

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

- [NOVAK FRANCELLA, LLC](https://planprovider.pro/provider/novak-francella-llc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $24,700

- **Estimated Expense Ratio:** 0.147% 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|$537,107|$48,995|—|$24,700|—|

| 2023|$507,747|$24,000|—|—|—|

| 2022|$564,500|$24,000|—|—|$223,300|

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