Plan Snapshot
- Plan Sponsor: Ibew Local 812 Health And Welfare Fund
- Sponsor EIN: 232369223
- Sponsor Address: 425 EAGLE ROCK AVE, STE 105, ROSELAND, NJ, 07068
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 91
- Total Assets: $2.3M
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 | 91 | $2.3M | $2.0M | $31,047 |
| 2023 | 78 | $1.8M | $1.4M | $34,620 |
| 2022 | 79 | $1.6M | $1.5M | $31,262 |
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 |
|---|---|---|---|---|
| FABIAN & BYRN LLC | Other Service Provider | $42,757 | — | $42,757 |
| SEGAL CONSULTING | Other Service Provider | $34,267 | — | $34,267 |
| PACKER THOMAS | Auditor | $15,769 | — | $15,769 |
| MEYER, UNKOVIC & SCOTT LLP | ERISA Attorney | $14,314 | — | $14,314 |
| BOLTON PARTNERS INVESTMENT CONSULTI | Other Service Provider | $5,460 | — | $5,460 |
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: $112,567
- Estimated Expense Ratio: 4.959% 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 | $123,648 | $1,500 | $42,757 | $15,769 | — |
| 2023 | $123,265 | $1,500 | $42,669 | $15,685 | — |
| 2022 | $137,014 | $1,640 | $41,142 | — | $35,657 |