# Ibew Local 968 Vacation Fund Joint Board Of Trustees Health & Welfare Plan
Source: https://planprovider.pro/companies/ibew-local-968-vacation-fund-joint-board-of-trustees-550672681-501

> Ibew Local 968 Vacation Fund Joint Board Of Trustees's Health & Welfare plan: 286 participants, plan year 2025 financials, providers, and benchmarks from For…

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local 968 Vacation Fund Joint Board Of Trustees

- **Sponsor EIN:** 550672681

- **Sponsor Address:** P.O. BOX 1682, PARKERSBURG, WV, 26102

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 286

- **Total Assets:** $1.2M

## 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.|

| 2025|286|$1.2M|$0|$0|

| 2024|301|$668,832|$0|$1.5M|

| 2023|336|$1.4M|$0|$2.2M|

| 2022|282|$995,684|$0|$1.6M|

## 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|

| UNION TRADES FEDERAL CREDIT UNION|Other Service Provider|$7,745|—|$7,745|

| GRAY, GRIFFITH & MAYS|Other Service Provider|$6,200|—|$6,200|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $13,945

- **Estimated Expense Ratio:** 1.143% 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|

| 2025|$1,996,564|—|$7,745|$6,200|—|

| 2024|$19,031|—|$7,802|$5,800|—|

| 2023|$17,883|—|$7,805|—|—|

| 2022|$18,306|—|$7,532|—|$7,751|

## Similar Plans

- [Md Electrical Industry S&A Fund](https://planprovider.pro/companies/md-electrical-industry-s-a-fund-521042609-001) — 3,045 participants

- [Md Electrical Industry Health Fund](https://planprovider.pro/companies/md-electrical-industry-health-fund-526177115-501) — 2,390 participants

- [Maryland Electrical Ind Pension](https://planprovider.pro/companies/maryland-electrical-ind-pension-plan) — 1,868 participants

- [Jt Brd Of Trustees Of Local Union 317 Electrical Pension Plan](https://planprovider.pro/companies/jt-brd-of-trustees-of-local-union-317-electrical-pension-plan-plan) — 1,014 participants

- [Joint Board Of Trustees Of Ibew Local 575 Pension Fund](https://planprovider.pro/companies/joint-board-of-trustees-of-ibew-local-575-pension-fund-plan) — 893 participants

- [Joint Board Of Trustees Of Ibew Local 596 Pension Fund](https://planprovider.pro/companies/joint-board-of-trustees-of-ibew-local-596-pension-fund-plan) — 643 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-968-vacation-fund-joint-board-of-trustees-550672681-501)

© 2026 PlanProvider.Pro