Plan Snapshot
- Plan Sponsor: Ibew Local 683 Board Of Trustees Workers Local No 683 Education Fnd
- Sponsor EIN: 237218739
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489179275
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 3,207
- Total Assets: $1.9M
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 | 3,207 | $1.9M | $484,053 | $0 |
| 2023 | 2,557 | $1.6M | $382,743 | $0 |
| 2022 | 2,764 | $1.2M | $367,121 | $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 |
|---|---|---|---|---|
| IBEW NECA SERVICE CENTER | Other Service Provider | $14,342 | — | $14,342 |
| ALLOTTA FARLEY CO., LPA | Other Service Provider | $13,195 | — | $13,195 |
| DGPERRY, PLLC | Auditor | $10,078 | — | $10,078 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGPERRY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,615
- Estimated Expense Ratio: 1.965% 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 | $40,536 | — | $13,813 | $10,078 | — |
| 2023 | $36,767 | — | $17,848 | $11,282 | — |
| 2022 | $37,658 | — | $16,848 | — | $17,354 |