Plan Snapshot
- Plan Sponsor: Ibew Local 363 Money Purchase Pension Plan
- Sponsor EIN: 136530041
- Sponsor Address: 67 COMMERCE DRIVE SOUTH, HARRIMAN, NY, 109263100
- Plan Type: DC
- Total Participants: 1,155
- Total Assets: $161.2M
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. |
|---|---|---|---|---|
| 2024 | 1,155 | $161.2M | $8.9M | $0 |
| 2023 | 1,140 | $150.5M | $8.0M | $0 |
| 2022 | 1,136 | $138.4M | $8.5M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $500,727 | — | $500,727 |
| ARCHER BYINGTON LLP | NONE | $20,137 | — | $20,137 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | NONE | $16,725 | — | $16,725 |
| L. 363 R.E. CORP. | AFFILIATED ORGANIZATIONS | $14,655 | — | $14,655 |
| MILLIMAN, INC | NONE | $9,738 | — | $9,738 |
| BERARD & ASSOCIATES PC | NONE | $9,700 | — | $9,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- MSPC CERTIFIED PUBLIC ACCOUNTANTS — NONE
- MILLIMAN, INC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $571,682
- Estimated Expense Ratio: 0.355% 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 | $852,431 | $500,727 | — | $16,725 | — |
| 2023 | $805,562 | $443,842 | — | $15,450 | — |
| 2022 | $854,269 | $541,860 | — | — | $36,526 |