Plan Snapshot
- Plan Sponsor: Ibew Local 712 Scholarship Trust Fund
- Sponsor EIN: 237268868
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: Health & Welfare
- Plan Number: 504
- Total Participants: 622
- Total Assets: $3.3M
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 | 622 | $3.3M | $98,394 | $0 |
| 2023 | 496 | $3.1M | $92,245 | $0 |
| 2022 | 1,746 | $2.9M | $267,770 | $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 |
|---|---|---|---|---|
| RBC WEALTH MANAGEMENT | Other Service Provider | $16,808 | — | $16,808 |
| PACKER THOMAS | Auditor | $8,074 | — | $8,074 |
| CDS ADMINISTRATORS INC | Other Service Provider | $6,496 | — | $6,496 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PACKER THOMAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,378
- Estimated Expense Ratio: 0.944% 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 | $37,217 | $16,808 | $6,015 | $7,500 | — |
| 2023 | $35,429 | $14,826 | $5,880 | $7,500 | — |
| 2022 | $34,638 | $14,854 | $5,880 | — | $8,778 |