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
- 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. |
|---|---|---|---|---|
| 2025 | 925 | $271.4M | $0 | $0 |
| 2024 | 893 | $245.7M | $0 | $0 |
| 2023 | 860 | $224.6M | $0 | $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 |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | $45,600 | — | $45,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,600
- Estimated Expense Ratio: 0.017% 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 | $1,495,858 | $649,795 | — | $45,600 | — |
| 2024 | $1,470,417 | $679,481 | — | $45,535 | — |
| 2023 | $1,381,693 | $692,818 | — | — | $242,930 |