Plan Snapshot
- Plan Sponsor: Electrical Workers Local 369 Retirement Fund
- Sponsor EIN: 610957563
- Sponsor Address: 906 MINOMA AVENUE, LOUISVILLE, KY, 40217
- Plan Type: DC
- Total Participants: 4,037
- Total Assets: $548.7M
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 | 4,037 | $548.7M | $42.0M | $0 |
| 2023 | 3,633 | $488.5M | $30.9M | $0 |
| 2022 | 3,313 | $418.3M | $23.2M | $0 |
| 2021 | 3,424 | $499.0M | $0 | $0 |
| 2020 | 3,354 | $452.5M | $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 |
|---|---|---|---|---|
| SEGAL MARCO ADVISORS | NONE | $55,250 | — | $55,250 |
| EMPOWER LIFE & ANNUITY INS CO OF NY | NONE | $46,955 | — | $46,955 |
| LEDBETTER PARISI, LLC | NONE | $39,428 | — | $39,428 |
| CHERRY BEKAERT LLP | NONE | $34,000 | — | $34,000 |
| THE SEGAL COMPANY | NONE | $31,295 | — | $31,295 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | NONE | $7,582 | — | $7,582 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $214,510
- Estimated Expense Ratio: 0.039% 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 | $462,538 | $55,250 | $46,955 | $34,000 | — |
| 2023 | $529,487 | $46,750 | $147,513 | $36,585 | — |
| 2022 | $581,926 | $69,400 | $195,023 | — | $74,090 |
| 2021 | $655,166 | $46,750 | $203,163 | $40,738 | — |
| 2020 | $652,647 | $96,750 | $178,763 | $36,645 | — |