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 |
|---|---|---|---|---|
| BONADIO & CO. LLP | Auditor | $18,600 | — | $18,600 |
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: $18,600
- Estimated Expense Ratio: 0.036% 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 |