Plan Snapshot
- Plan Sponsor: Ibew Local 712 Profit Sharing Plan
- Sponsor EIN: 251297810
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: DC
- Total Participants: 1,503
- Total Assets: $96.9M
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 | 1,503 | $96.9M | $4.5M | $0 |
| 2023 | 1,194 | $84.2M | $3.7M | $0 |
| 2022 | 1,314 | $71.7M | $7.9M | $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 |
|---|---|---|---|---|
| PRUDENTIAL | NONE | $216,718 | — | $216,718 |
| EMPOWER ANNUITY CO. OF AMERICA | RECORDKEEPER | $89,703 | — | $89,703 |
| CDS ADMINISTRATORS | NONE | $39,763 | — | $39,763 |
| BOLTON PARTNERS INC | NONE | $33,079 | — | $33,079 |
| PACKER THOMAS | NONE | $22,372 | — | $22,372 |
| MEYER, UNKOVIC & SCOTT LLP | NONE | $18,189 | — | $18,189 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PACKER THOMAS — NONE
- MEYER, UNKOVIC & SCOTT LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $419,824
- Estimated Expense Ratio: 0.433% 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 | $120,731 | $33,079 | $39,763 | $22,372 | — |
| 2023 | $145,615 | $28,750 | $38,808 | $20,927 | — |
| 2022 | $121,901 | $28,925 | $42,551 | — | $43,955 |