Plan Snapshot
- Plan Sponsor: I.B.E.W. Board Of Trustees For Local 357 Pension Trust
- Sponsor EIN: 886023284
- Sponsor Address: 8311 W SUNSET RD STE 250, LAS VEGAS, NV, 891132209
- Plan Type: DB
- Total Participants: 2,514
- Total Assets: $551.7M
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 | 2,514 | $551.7M | $30.1M | $0 |
| 2023 | 2,795 | $533.7M | $41.7M | $0 |
| 2022 | 2,367 | $470.7M | $29.3M | $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 |
|---|---|---|---|---|
| BNY MELLON INVESTMENT ADVISER, INC | Other Service Provider | $474,943 | — | $474,943 |
| BENESYS, INC | Other Service Provider | $349,709 | — | $349,709 |
| KPEIF II, LLC | Other Service Provider | $244,408 | — | $244,408 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | $206,589 | — | $206,589 |
| MILLIMAN, INC | Recordkeeper | $202,788 | — | $202,788 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $187,213 | — | $187,213 |
| ALLSPRING GLOBAL INVESTMENTS | Other Service Provider | $186,484 | — | $186,484 |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | Other Service Provider | $141,154 | — | $141,154 |
| BROWNSTEIN HYATT FARBER SCHRECK LLP | ERISA Attorney | $132,507 | — | $132,507 |
| GLOBAL TRUST COMPANY | Other Service Provider | $125,956 | — | $125,956 |
| NATIONAL REAL ESTATE ADVISORS, LLC | Other Service Provider | $102,116 | — | $102,116 |
| NEPC, LLC | Recordkeeper | $100,363 | — | $100,363 |
| FOUNDRY PARTNERS, LLC | Other Service Provider | $99,158 | — | $99,158 |
| BERRY & CO., CPA'S LTD | Other Service Provider | $80,290 | — | $80,290 |
| SMART SOURCE, LLC | Other Service Provider | $77,847 | — | $77,847 |
| WASHINGTON CAPITAL MGMT, INC | Other Service Provider | $37,054 | — | $37,054 |
| BACKCAST MGMT PARTNERS, LLC | Other Service Provider | $32,517 | — | $32,517 |
| KAEFTX VII, LLC | Other Service Provider | $29,288 | — | $29,288 |
| CRESCENT CAPITAL GROUP LP | Other Service Provider | $23,505 | — | $23,505 |
| MIDWEST INSTITUTIONAL TRUST COMPANY | Other Service Provider | $21,155 | — | $21,155 |
| OCEAN AVENUE GP IV, LLC | Other Service Provider | $10,000 | — | $10,000 |
| UNION INSURANCE GROUP, INC. | Other Service Provider | — | $6,869 | $6,869 |
| U.S. BANK N.A. | Recordkeeper | $6,691 | — | $6,691 |
| GREENE INFUSO LLP | Other Service Provider | $5,355 | — | $5,355 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC — Recordkeeper
- BROWNSTEIN HYATT FARBER SCHRECK LLP — ERISA Attorney
- NEPC, LLC — Recordkeeper
- U.S. BANK N.A. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,883,959
- Estimated Expense Ratio: 0.523% 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 | $3,726,681 | $2,133,462 | $340,936 | $58,989 | — |
| 2023 | $3,078,515 | $2,074,025 | $315,428 | $27,500 | — |
| 2022 | $3,083,604 | $1,974,620 | $322,259 | — | $386,267 |