Plan Snapshot
- Plan Sponsor: Ibew Local 363 Joint Apprenticeship Training Fund
- Sponsor EIN: 136132505
- Sponsor Address: 67 COMMERCE DRIVE SOUTH, HARRIMAN, NY, 10926
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 844
- Total Assets: $10.4M
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 | 844 | $10.4M | $1.9M | $0 |
| 2023 | 836 | $9.5M | $1.6M | $0 |
| 2022 | 825 | $8.9M | $690,586 | $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 |
|---|---|---|---|---|
| WILLIAM EDWARDS | Other Service Provider | $160,360 | — | $160,360 |
| CLINTON BROWN | Other Service Provider | $130,720 | — | $130,720 |
| SHAUNA BAIRD | Other Service Provider | $59,210 | — | $59,210 |
| MSPC | Auditor | $24,226 | — | $24,226 |
| ARCHER BYINGTON & LEVINE LLP | Other Service Provider | $16,253 | — | $16,253 |
| MORGAN STANLEY | Recordkeeper | $12,385 | — | $12,385 |
| BERNARD & ASSOCIATES | Other Service Provider | $8,050 | — | $8,050 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — Auditor
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $411,204
- Estimated Expense Ratio: 3.960% 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 | $1,075,219 | $12,385 | — | $24,226 | — |
| 2023 | $1,038,860 | $11,356 | — | $23,500 | — |
| 2022 | $624,266 | $17,017 | — | — | $39,598 |