Plan Snapshot
- Plan Sponsor: Ibew Local Union No. 252 Pension Plan Joint Board Of Trustees
- Sponsor EIN: 386323896
- Sponsor Address: 3135 S. STATE STREET, SUITE 105, ANN ARBOR, MI, 481081653
- Plan Type: DB
- Plan Number: 001
- Total Participants: 744
- Total Assets: $254.4M
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 | 744 | $254.4M | $14.6M | $0 |
| 2023 | 657 | $229.9M | $12.9M | $0 |
| 2022 | 573 | $192.3M | $8.5M | $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 |
|---|---|---|---|---|
| THOMAS D LUCZAK, PLLC | Other Service Provider | $225,013 | — | $225,013 |
| SEGAL | Other Service Provider | $189,905 | — | $189,905 |
| BANK OF ANN ARBOR | Other Service Provider | $173,541 | — | $173,541 |
| ANN ARBOR BENEFIT ADMINISTRATORS | Other Service Provider | $147,382 | — | $147,382 |
| ROYAL BANK OF CANADA | Recordkeeper | $106,123 | — | $106,123 |
| POLK & ASSOCIATES | Other Service Provider | $31,100 | — | $31,100 |
| ULLICO | Other Service Provider | $14,292 | — | $14,292 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL BANK OF CANADA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $887,356
- Estimated Expense Ratio: 0.349% 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 | $987,920 | $45,000 | $147,382 | $31,100 | — |
| 2023 | $872,331 | $90,000 | $142,100 | $21,520 | — |
| 2022 | $859,942 | $271,372 | $133,870 | — | $384,766 |