Plan Snapshot
- Plan Sponsor: Ibew Local Union No. 99
- Sponsor EIN: 056049537
- Sponsor Address: 22 AMFLAEX DRIVE, CRANSTON, RI, 02921
- Plan Type: 401(k)
- Total Participants: 1,244
- Total Assets: $178.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,244 | $178.7M | $0 | $0 |
| 2023 | 694 | $153.3M | $0 | $0 |
| 2021 | 1,042 | $162.2M | $0 | $0 |
| 2020 | 1,020 | $143.1M | $0 | $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 |
|---|---|---|---|---|
| WARD FISHER & COMPANY LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $561,393 | $162,652 | $136,477 | — | — |
| 2023 | $445,303 | — | $397,802 | — | — |
| 2021 | $866,035 | $2,426 | — | — | $368,485 |
| 2020 | $485,993 | $101,462 | — | — | — |