Plan Snapshot
- Plan Sponsor: I.A.T.S.E. Local 489
- Sponsor EIN: 822883853
- Sponsor Address: P.O. BOX 100235, PITTSBURGH, PA, 15233
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 571
- Total Assets: $154,905
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. |
|---|---|---|---|---|
| 2025 | 571 | $154,905 | $0 | $0 |
| 2024 | 575 | $180,089 | $0 | $26,280 |
| 2023 | 591 | $197,486 | $0 | $19,524 |
| 2022 | 593 | $247,663 | $0 | $80,295 |
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 |
|---|---|---|---|---|
| CYPHER & CYPHER CPA'S | Other Service Provider | $7,332 | — | $7,332 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,332
- Estimated Expense Ratio: 4.733% 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 |
|---|---|---|---|---|---|
| 2025 | $46,404 | — | — | $7,332 | — |
| 2024 | $26,213 | — | — | $7,046 | — |
| 2023 | $29,251 | — | — | $6,639 | — |
| 2022 | $27,931 | — | — | — | $8,048 |