Plan Snapshot
- Plan Sponsor: Ibew Local Union No 237 Annuity Fund
- Sponsor EIN: 161378286
- Sponsor Address: 6700 SCHULTZ RD, NIAGARA FALLS, NY, 143041987
- Plan Type: DC
- Total Participants: 273
- Total Assets: $22.2M
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. |
|---|---|---|---|---|
| 2024 | 273 | $22.2M | $999,295 | $547,506 |
| 2023 | 192 | $20.0M | $822,093 | $617,319 |
| 2022 | 204 | $17.6M | $495,733 | $669,968 |
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 |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | $16,325 | — | $16,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,325
- Estimated Expense Ratio: 0.074% 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 | $195,554 | $76,627 | — | $16,325 | — |
| 2023 | $135,920 | $57,869 | — | $15,700 | — |
| 2022 | $126,242 | $57,545 | — | — | $32,950 |