Plan Snapshot
- Plan Sponsor: Ibew No 271 Neca Health & Benefit Fund
- Sponsor EIN: 200520351
- Sponsor Address: 1040 S BROADWAY, WICHITA, KS, 67211
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 711
- Total Assets: $22.2M
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 | 711 | $22.2M | $12.9M | $194,546 |
| 2023 | 690 | $20.0M | $11.8M | $195,963 |
| 2022 | 635 | $18.1M | $10.0M | $221,250 |
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 |
|---|---|---|---|---|
| MEIER & MEIER | Investment Advisor | $86,937 | — | $86,937 |
| WILLIAM C EARHART | Recordkeeper | $62,382 | — | $62,382 |
| MORROW & CO, LLC | Auditor | $29,992 | — | $29,992 |
| EMPRISE BANK | Custodian / Trustee | $27,822 | — | $27,822 |
| SPENCER FANE LLP | ERISA Attorney | $18,000 | — | $18,000 |
| TRAVELERS INSURANCE | Insurance Carrier | $15,162 | — | $15,162 |
| OSBORNE, CARREIRO & ASSOCIATES INC | Actuary | $8,800 | — | $8,800 |
| FINANCIAL COUNSELORS, INC. | Custodian / Trustee | $5,706 | — | $5,706 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SPENCER FANE LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,801
- Estimated Expense Ratio: 1.146% 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 | $263,353 | $5,706 | $62,382 | $29,992 | — |
| 2023 | $273,549 | $37,875 | $57,253 | $30,574 | — |
| 2022 | $251,644 | $63,661 | $50,918 | — | $113,483 |