Plan Snapshot
- Plan Sponsor: Ibew Local Union No. 237 Pension Plan
- Sponsor EIN: 166094914
- Sponsor Address: 6700 SCHULTZ RD, NIAGARA FALLS, NY, 143044531
- Plan Type: DB
- Total Participants: 221
- Total Assets: $52.0M
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 | 221 | $52.0M | $5.0M | $0 |
| 2023 | 198 | $50.6M | $4.7M | $0 |
| 2022 | 167 | $16.1M | $4.3M | $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 |
|---|---|---|---|---|
| SEGAL MARCO ADVISORS | Investment Advisor | $97,346 | — | $97,346 |
| BLITMAN & KING LLP | ERISA Attorney | $53,310 | — | $53,310 |
| COWDEN ASSOCIATES | Actuary | $38,437 | — | $38,437 |
| IBEW LOCAL 237 HEALTH & WELFARE FUN | Other Service Provider | $36,705 | — | $36,705 |
| WILMINGTON TRUST | Investment Advisor | $35,549 | — | $35,549 |
| BONADIO & CO., LLP | Auditor | $20,670 | — | $20,670 |
| ACRISURE MID-ATLANTIC PARTNERS LLC | Actuary | $13,161 | — | $13,161 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COWDEN ASSOCIATES — Actuary
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $295,178
- Estimated Expense Ratio: 0.568% 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 | $364,398 | $132,895 | — | $18,600 | — |
| 2023 | $265,998 | $66,774 | — | $17,900 | — |
| 2022 | $253,609 | $56,308 | — | — | $138,357 |