Plan Snapshot
- Plan Sponsor: Ibew Local Union No. 22/Neca Health & Welfare Fund
- Sponsor EIN: 470462667
- Sponsor Address: 8960 L STREET, SUITE 101, OMAHA, NE, 681271406
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,175
- Total Assets: $57.8M
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 | 2,175 | $57.8M | $31.3M | $3.5M |
| 2023 | 2,209 | $53.7M | $32.6M | $3.2M |
| 2022 | 2,087 | $47.8M | $28.6M | $3.3M |
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 |
|---|---|---|---|---|
| UMR, INC | Other Service Provider | $928,612 | $28,083 | $956,695 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $476,003 | — | $476,003 |
| BLAKE & UHLIG, PA | Other Service Provider | $148,441 | — | $148,441 |
| UNITED ACTUARIAL SERVICE | Other Service Provider | $62,967 | — | $62,967 |
| DEBOER & ASSOCIATES, PC | Auditor | $56,690 | — | $56,690 |
| FIRST NATIONAL BANK OF OMAHA | Investment Advisor | $27,122 | — | $27,122 |
| ASSET CONSULTING GROUP | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DEBOER & ASSOCIATES, PC — Auditor
- FIRST NATIONAL BANK OF OMAHA — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,732,918
- Estimated Expense Ratio: 2.997% 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 | $832,370 | $5,000 | $476,003 | $31,400 | — |
| 2023 | $962,326 | $5,000 | $473,171 | $30,500 | — |
| 2022 | $862,583 | — | $445,971 | — | $283,303 |