Plan Snapshot
- Plan Sponsor: Electrical Workers' Veba Trust
- Sponsor EIN: 208431466
- Sponsor Address: PO BOX 5433, SPOKANE, WA, 99205
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 2,741
- Total Assets: $719,599
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 | 2,741 | $719,599 | $1.2M | $0 |
| 2023 | 6,061 | $821,221 | $1.4M | $0 |
| 2022 | 5,394 | $531,009 | $1.4M | $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 |
|---|---|---|---|---|
| REHN & ASSOCIATES, INC. | Other Service Provider | $114,226 | — | $114,226 |
| GALLAGHER BENEFIT SERVICES, INC. | Other Service Provider | $47,092 | — | $47,092 |
| SCHOEDEL & SCHOEDEL CPAS, PLLC | Other Service Provider | $8,750 | — | $8,750 |
| KATTEN MUCHIN ROSENMAN, LLP | Other Service Provider | $6,000 | — | $6,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,068
- Estimated Expense Ratio: 24.468% 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 | $188,681 | — | $114,226 | $8,750 | — |
| 2023 | $182,756 | — | $100,645 | $8,300 | — |
| 2022 | $164,363 | — | $94,009 | — | $61,722 |