Plan Snapshot
- Plan Sponsor: Ibew Local 712 Underemployment Subsistence Tr Fund
- Sponsor EIN: 256145275
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 622
- Total Assets: $5.3M
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 | $5.3M | $135,649 | $0 |
| 2023 | 505 | $5.1M | $127,829 | $0 |
| 2022 | 1,758 | $5.1M | $363,363 | $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 |
|---|---|---|---|---|
| FNB WEALTH MANAGEMENT | Other Service Provider | $19,124 | — | $19,124 |
| CDS | Other Service Provider | $14,890 | — | $14,890 |
| PACKER THOMAS | Auditor | $8,107 | — | $8,107 |
| MEYER, UNKOVIC & SCOTT LLP | ERISA Attorney | $6,329 | — | $6,329 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PACKER THOMAS — Auditor
- MEYER, UNKOVIC & SCOTT LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,450
- Estimated Expense Ratio: 0.920% 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 | $52,835 | $19,124 | $14,482 | $8,107 | — |
| 2023 | $52,896 | $18,062 | $14,112 | $9,271 | — |
| 2022 | $50,377 | $18,076 | $13,997 | — | $14,934 |