Plan Snapshot
- Plan Sponsor: Ibew Lu 363 Pension
- Sponsor EIN: 516041178
- Sponsor Address: 67 COMMERCE DRIVE SOUTH, HARRIMAN, NY, 109263100
- Plan Type: DB
- Total Participants: 721
- Total Assets: $157.4M
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 | 721 | $157.4M | $10.6M | $0 |
| 2023 | 720 | $143.9M | $10.5M | $0 |
| 2022 | 720 | $127.3M | $10.8M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $631,017 | — | $631,017 |
| MILLMAN, INC | NONE | $110,884 | — | $110,884 |
| MSPC | NONE | $32,945 | — | $32,945 |
| ARCHER BYINGTON & LEVINE LLP | NONE | $22,738 | — | $22,738 |
| L. 363 JAT R.E. CORP. | AFFILIATED ORGANIZATION | $17,520 | — | $17,520 |
| BERNARD & ASSOCIATES | NONE | $9,200 | — | $9,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- MILLMAN, INC — NONE
- MSPC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $824,304
- Estimated Expense Ratio: 0.524% 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 | $1,171,666 | $631,017 | — | $32,945 | — |
| 2023 | $921,362 | $414,705 | — | $30,900 | — |
| 2022 | $1,037,710 | $541,970 | — | — | $193,894 |