Plan Snapshot
- Plan Sponsor: Ibew 375 Electricians' Retirement Plan
- Sponsor EIN: 232055388
- Sponsor Address: 101 S 7TH STREET, ALLENTOWN, PA, 181012245
- Plan Type: DC
- Total Participants: 750
- Total Assets: $193.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 750 | $193.3M | $10.2M | $0 |
| 2023 | 657 | $170.0M | $9.8M | $0 |
| 2022 | 658 | $145.5M | $10.3M | $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 |
|---|---|---|---|---|
| PACKER THOMAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PACKER THOMAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $138,086 | $63,540 | — | — | — |
| 2023 | $136,283 | $61,689 | — | $21,862 | — |
| 2022 | $125,904 | $59,892 | — | — | $39,325 |