Plan Snapshot
- Plan Sponsor: Electrical Workers Local No 26 Pension Trust Fund
- Sponsor EIN: 526117919
- Sponsor Address: 10003 DEREKWOOD LANE, SUITE 130, LANHAM, MD, 207064811
- Plan Type: DB
- Total Participants: 8,612
- Total Assets: $1.0B
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 | 8,612 | $1.0B | $83.6M | $0 |
| 2023 | 7,872 | $942.1M | $68.6M | $0 |
| 2022 | 7,302 | $877.0M | $64.1M | $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 |
|---|---|---|---|---|
| SARFINO AND RHOADES, LLP | Auditor | $122,170 | — | $122,170 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,170
- Estimated Expense Ratio: 0.012% 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 | $6,781,930 | $4,376,276 | $804,631 | $122,170 | — |
| 2023 | $5,765,770 | $3,906,687 | $572,360 | $123,715 | — |
| 2022 | $4,069,826 | $2,238,126 | $660,719 | — | $544,809 |