Plan Snapshot
- Plan Sponsor: Ibew Lu 654 Pension Fund Trustees
- Sponsor EIN: 236538183
- Sponsor Address: 27 ROLAND AVENUE, MOUNT LAUREL, NJ, 080541038
- Plan Type: DB
- Total Participants: 403
- Total Assets: $151.6M
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 | 403 | $151.6M | $8.4M | $0 |
| 2023 | 410 | $139.3M | $8.1M | $0 |
| 2022 | 411 | $128.8M | $7.4M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $16,603 | — | $16,603 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,603
- Estimated Expense Ratio: 0.011% 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 | $832,019 | $614,093 | $29,644 | $16,603 | — |
| 2023 | $654,479 | $486,472 | $27,278 | $17,000 | — |
| 2022 | $759,161 | $601,856 | $24,585 | — | $57,861 |