Plan Snapshot
- Plan Sponsor: Ibew #654 H & W Fund Trustees
- Sponsor EIN: 231613860
- Sponsor Address: 27 ROLAND AVENUE, SUITE 200, MOUNT LAUREL, NJ, 080541038
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 435
- Total Assets: $32.2M
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 | 435 | $32.2M | $0 | $0 |
| 2024 | 437 | $28.6M | $10.2M | $26,204 |
| 2023 | 434 | $25.6M | $10.3M | $86,256 |
| 2022 | 422 | $22.6M | $9.4M | $68,115 |
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 |
|---|---|---|---|---|
| FRANK M VACCARRO & ASSOCIATES | Other Service Provider | $209,843 | — | $209,843 |
| MACKAY SHEILDS LLC | Other Service Provider | $36,609 | — | $36,609 |
| THE MCKEOGH COMPANY | Other Service Provider | $34,021 | — | $34,021 |
| WELLS FARGO | Other Service Provider | $22,023 | — | $22,023 |
| NOVAK FRANCELLA LLC | Other Service Provider | $20,752 | — | $20,752 |
| DELTA DENTAL OF PENNSYLVANIA | Other Service Provider | $17,694 | — | $17,694 |
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $15,977 | — | $15,977 |
| FOX ROTHSCHILD LLP | Other Service Provider | $8,985 | — | $8,985 |
| GRAYSTONE CONSULTING/MORGAN STANLEY | Other Service Provider | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $373,904
- Estimated Expense Ratio: 1.160% 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 | $9,573,279 | $81,598 | $209,843 | $18,986 | — |
| 2024 | $431,668 | $73,333 | $247,705 | $18,236 | — |
| 2023 | $363,245 | $39,193 | $244,151 | $17,381 | — |
| 2022 | $352,420 | $57,166 | $231,244 | — | $46,377 |