Plan Snapshot
- Plan Sponsor: I.B.E.W. Local No. 246 Pension Fund Board Of Trustees
- Sponsor EIN: 346582842
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 15203
- Plan Type: DB
- Plan Number: 001
- Total Participants: 177
- Total Assets: $49.5M
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 | 177 | $49.5M | $3.6M | $0 |
| 2023 | 174 | $48.2M | $3.8M | $0 |
| 2022 | 156 | $44.3M | $3.0M | $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 |
|---|---|---|---|---|
| SEI INVESTMENTS | Other Service Provider | $274,533 | — | $274,533 |
| BENESYS | Other Service Provider | $70,973 | — | $70,973 |
| ACRISURE | Other Service Provider | $29,909 | — | $29,909 |
| THE HORTON GROUP | Other Service Provider | $19,217 | — | $19,217 |
| DGPERRY | Auditor | $18,500 | — | $18,500 |
| MACALA & PIATT LLC | Other Service Provider | $17,051 | — | $17,051 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGPERRY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $430,183
- Estimated Expense Ratio: 0.868% 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 | $463,840 | $274,533 | $68,400 | $18,500 | — |
| 2023 | $431,611 | $243,695 | $72,585 | $17,090 | — |
| 2022 | $347,879 | $136,247 | $80,739 | — | $84,118 |