Plan Snapshot
- Plan Sponsor: Ibew Local No. 236 Annuity Plan
- Sponsor EIN: 518070174
- Sponsor Address: 3000 TROY SCHENECTADY RD, SCHENECTADY, NY, 123091614
- Plan Type: DC
- Total Participants: 1,438
- Total Assets: $115.6M
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 | 1,438 | $115.6M | $0 | $0 |
| 2023 | 2,058 | $102.5M | $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 |
|---|---|---|---|---|
| TEAL BECKER & CHIARAMONTE CPAS PC | Auditor | $34,000 | — | $34,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEAL BECKER & CHIARAMONTE CPAS PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,000
- Estimated Expense Ratio: 0.029% 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 | $679,855 | $306,926 | $162,000 | $34,000 | — |
| 2023 | $668,242 | $376,604 | — | — | $76,935 |