# Ibew Local 712 Profit Sharing Plan DC Plan
Source: https://planprovider.pro/companies/ibew-local-712-profit-sharing-plan-plan

> Ibew Local 712 Profit Sharing Plan&#39;s DC plan: 1,503 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/packer-thomas) — NONE

- [MEYER, UNKOVIC & SCOTT LLP](https://planprovider.pro/provider/meyer-unkovic-and-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|

## Similar Plans

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- [Board Of Trustees Southern Ironworkers Pension Fund](https://planprovider.pro/companies/board-of-trustees-southern-ironworkers-pension-fund-plan) — 851 participants

- [Ibew Local 712 Pension Trust Fund](https://planprovider.pro/companies/ibew-local-712-pension-trust-fund-plan) — 461 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-712-profit-sharing-plan-plan)

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