Plan Snapshot
- Plan Sponsor: Ibew Local 1249 Pension Fund Board Of Trustees
- Sponsor EIN: 156035161
- Sponsor Address: 8531 BREWERTON ROAD, CICERO, NY, 130399481
- Plan Type: DB
- Total Participants: 3,156
- Total Assets: $665.4M
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 | 3,156 | $665.4M | $63.7M | $0 |
| 2023 | 3,243 | $571.9M | $66.0M | $0 |
| 2022 | 3,036 | $486.4M | $63.5M | $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 |
|---|---|---|---|---|
| JP MORGAN CHASE BANK | Recordkeeper | $424,836 | — | $424,836 |
| RYAN YOUNGMAN | Other Service Provider | $279,328 | — | $279,328 |
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $120,085 | — | $120,085 |
| WAYCROSS PARTNERS LLC | Other Service Provider | $111,902 | — | $111,902 |
| WILLIAM ATHERTON | Other Service Provider | $109,185 | — | $109,185 |
| PRONEXUS LLC | Other Service Provider | $97,168 | — | $97,168 |
| VANESSA SCHARF | Other Service Provider | $82,642 | — | $82,642 |
| BLITMAN & KING | Other Service Provider | $76,319 | — | $76,319 |
| CECY WILSON | Other Service Provider | $71,265 | — | $71,265 |
| DIANA WOZNIAK | Other Service Provider | $69,193 | — | $69,193 |
| AMY SERWINOWSKI | Other Service Provider | $64,751 | — | $64,751 |
| JESSICA MOSKAL | Other Service Provider | $60,511 | — | $60,511 |
| JOSEPH MCCARTHY | Other Service Provider | $52,518 | — | $52,518 |
| O'SULLIVAN ASSOCIATES, INC | Other Service Provider | $47,300 | — | $47,300 |
| BONADIO & CO., LLP | Auditor | $40,400 | — | $40,400 |
| AMBER WILLIAMS | Other Service Provider | $39,426 | — | $39,426 |
| IVAH TSOUNIS | Other Service Provider | $11,539 | — | $11,539 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE BANK — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,758,368
- Estimated Expense Ratio: 0.264% 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 | $2,882,239 | $596,738 | — | $40,400 | — |
| 2023 | $3,049,129 | $727,347 | — | $39,300 | — |
| 2022 | $2,827,616 | $640,375 | — | — | $277,114 |