# Ibew Local No. 229 Pension Fund DB Plan
Source: https://planprovider.pro/companies/ibew-local-no-229-pension-fund-plan

> Ibew Local No. 229 Pension Fund's DB plan: 228 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local No. 229 Pension Fund

- **Sponsor EIN:** 236399737

- **Sponsor Address:** PO BOX 1769, SALEM, VA, 24153

- **Plan Type:** DB

- **Total Participants:** 228

- **Total Assets:** $45.4M

## 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|228|$45.4M|$0|$0|

| 2024|238|$41.0M|$0|$0|

| 2023|227|$35.5M|$0|$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|

| FISCHER DORWART, P.C.|Auditor|$8,500|—|$8,500|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $8,500

- **Estimated Expense Ratio:** 0.019% 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|$328,707|$137,705|$40,194|$8,500|—|

| 2024|$285,231|$123,921|$37,800|$8,000|—|

| 2023|$262,733|$135,562|$36,000|—|$60,459|

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