Plan Snapshot
- Plan Sponsor: Ibew Local 43 & Electrical Contractors Pension Fund
- Sponsor EIN: 166153389
- Sponsor Address: PO BOX 2218, SYRACUSE, NY, 132202218
- Plan Type: DB
- Plan Number: 001
- Total Participants: 925
- Total Assets: $271.4M
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 | 925 | $271.4M | $17.5M | $0 |
| 2023 | 893 | $245.7M | $16.2M | $0 |
| 2022 | 860 | $224.6M | $15.9M | $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 |
|---|---|---|---|---|
| MANNING & NAPIER ADVISORS LLC | Recordkeeper | $165,042 | — | $165,042 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $131,500 | — | $131,500 |
| THE SEGAL COMPANY | Other Service Provider | $116,984 | — | $116,984 |
| JOSEPH W. MCCARTHY AND ASSOCIATES | Other Service Provider | $107,399 | — | $107,399 |
| STACY BRAUN ASSOCIATES | Other Service Provider | $107,157 | — | $107,157 |
| MESIROW FINANCIAL | Other Service Provider | $72,294 | — | $72,294 |
| NATIONAL REAL ESTATE ADVISORS | Other Service Provider | $68,034 | — | $68,034 |
| BLITMAN & KING | Other Service Provider | $63,445 | — | $63,445 |
| MARCO CONSULTING GROUP, INC | Other Service Provider | $55,000 | — | $55,000 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $50,811 | — | $50,811 |
| BONADIO & CO., LLP | Auditor | $45,600 | — | $45,600 |
| LOOMIS SAYLES TRUST CO. | Other Service Provider | $19,892 | — | $19,892 |
| US BANK | Recordkeeper | $17,465 | — | $17,465 |
| CRESCENT CAPITAL HIGH INCOME FUND B | Other Service Provider | $14,199 | — | $14,199 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANNING & NAPIER ADVISORS LLC — Recordkeeper
- BONADIO & CO., LLP — Auditor
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,034,822
- Estimated Expense Ratio: 0.381% 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 | $1,495,858 | $649,795 | — | $45,600 | — |
| 2023 | $1,470,417 | $679,481 | — | $45,535 | — |
| 2022 | $1,381,693 | $692,818 | — | — | $242,930 |