# Ibew Local Union 375 Electricians' Welfare Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/ibew-local-union-375-electricians-welfare-fund-236424575-501

> Ibew Local Union 375 Electricians' Welfare Fund's Health & Welfare plan: 679 participants, plan year 2024 financials, providers, and benchmarks from Form 550…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local Union 375 Electricians' Welfare Fund

- **Sponsor EIN:** 236424575

- **Sponsor Address:** 101 S 7TH STREET, ALLENTOWN, PA, 18101

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 679

- **Total Assets:** $11.9M

## 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|679|$11.9M|$13.0M|$669,533|

| 2023|720|$14.1M|$13.0M|$536,370|

| 2022|725|$13.7M|$13.6M|$462,421|

## 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|

| CAPITAL BLUE CROSS|Other Service Provider|$272,025|—|$272,025|

| THE HORTON GROUP|Other Service Provider|$160,339|—|$160,339|

| NOVAK FRANCELLA, LLC|Auditor|$65,616|—|$65,616|

| MEYER UNKOVIC SCOTT LLP|ERISA Attorney|$18,545|—|$18,545|

| DELTA DENTAL OF PENNSYLVANIA|Other Service Provider|$18,318|—|$18,318|

| CHRISTMAN AND COMPANY|Other Service Provider|$14,125|—|$14,125|

| CAPTRUST|Investment Advisor|$12,614|—|$12,614|

| O'SULLIVAN ASSOCIATES|Other Service Provider|$12,500|—|$12,500|

| COWDEN ASSOCIATES|Other Service Provider|$7,381|—|$7,381|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [NOVAK FRANCELLA, LLC](https://planprovider.pro/provider/novak-francella-llc) — Auditor

- [MEYER UNKOVIC SCOTT LLP](https://planprovider.pro/provider/meyer-unkovic-and-scott-llp) — ERISA Attorney

- [CAPTRUST](https://planprovider.pro/provider/captrust) — Investment Advisor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $581,463

- **Estimated Expense Ratio:** 4.898% 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|$582,689|$12,614|—|—|—|

| 2023|$497,147|$15,381|—|$34,496|—|

| 2022|$548,879|$15,014|—|—|$147,156|

## Similar Plans

- [Trustees Of Ibew Local Union No. 126 Retirement Plan](https://planprovider.pro/companies/trustees-of-ibew-local-union-no-126-retirement-plan-232156093-001) — 6,529 participants

- [Board Of Trustees, Inland Empire Ibew-Neca Defined](https://planprovider.pro/companies/board-of-trustees-inland-empire-ibew-neca-defined-401k-plan) — 6,273 participants

- [Board Of Trustees,Ibew Local Union No 5 & Western PA Chapter Neca](https://planprovider.pro/companies/board-of-trustees-ibew-local-union-no-5-western-pa-chapter-neca-plan) — 4,982 participants

- [Local Union 98 I.B.E.W. - Trustees Profit Sharing Plan](https://planprovider.pro/companies/local-union-98-i-b-e-w-trustees-profit-sharing-plan-plan) — 3,867 participants

- [Joint Board Of Trustees, Ibew Local Union No 5 & Western PA Chapter Ne](https://planprovider.pro/companies/joint-board-of-trustees-ibew-local-union-no-5-western-pa-chapter-ne-plan) — 3,525 participants

- [Scholarship Fund Of The Ibew Local Union 98](https://planprovider.pro/companies/scholarship-fund-of-the-ibew-local-union-98-237861099-509) — 3,523 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-union-375-electricians-welfare-fund-236424575-501)

© 2026 PlanProvider.Pro