# I.B.E.W Local 1579 Pension Plan Board Of Trustees DB Plan
Source: https://planprovider.pro/companies/i-b-e-w-local-1579-pension-plan-board-of-trustees-plan

> I.B.E.W Local 1579 Pension Plan Board Of Trustees's DB plan: 684 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** I.B.E.W Local 1579 Pension Plan Board Of Trustees

- **Sponsor EIN:** 581254974

- **Sponsor Address:** 8657 BAYPINE ROAD, SUITE 200, JACKSONVILLE, FL, 322568634

- **Plan Type:** DB

- **Total Participants:** 684

- **Total Assets:** $216.5M

## 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|684|$216.5M|$0|$0|

| 2023|846|$181.2M|$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|

| LEGACY PROFESSIONALS LLP|Auditor|$23,033|—|$23,033|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $23,033

- **Estimated Expense Ratio:** 0.011% 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|$602,459|$109,500|$107,750|$23,033|—|

| 2023|$929,543|$604,754|$104,512|—|$96,362|

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