Plan Snapshot
- Plan Sponsor: Ibew Western Utilities Health And Welfare Trust Fund
- Sponsor EIN: 870496328
- Sponsor Address: 7180 KOLL CENTER PKWY STE 200, PLEASANTON, CA, 945663272
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 1,802
- Total Assets: $59.8M
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 | 1,802 | $59.8M | $31.0M | $7.3M |
| 2023 | 1,868 | $52.6M | $28.9M | $8.6M |
| 2022 | 1,730 | $42.1M | $28.3M | $9.0M |
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 |
|---|---|---|---|---|
| CIGNA HEALTH & LIFE INSURANCE CO | Other Service Provider | $743,072 | — | $743,072 |
| BENESYS INC | Other Service Provider | $668,163 | — | $668,163 |
| THE SEGAL COMPANY | Recordkeeper | $287,287 | — | $287,287 |
| DELTA DENTAL INSURANCE CO | Other Service Provider | $80,508 | — | $80,508 |
| US BANK TRUST CO | Other Service Provider | $68,868 | — | $68,868 |
| KAY PRINTING | Other Service Provider | $54,396 | — | $54,396 |
| SALTZMAN & JOHNSON | Other Service Provider | $48,280 | — | $48,280 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $29,507 | — | $29,507 |
| SEGAL SELECT INSURANCE | Other Service Provider | $23,719 | — | $23,719 |
| IRON MOUNTAIN | Other Service Provider | $17,311 | — | $17,311 |
| BALDWIN MOFFITT BEHM LLP | Other Service Provider | $16,246 | — | $16,246 |
| SEGAL BENZ | Other Service Provider | $11,266 | — | $11,266 |
| SMART SOURCE LLC | Other Service Provider | $5,164 | — | $5,164 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,053,787
- Estimated Expense Ratio: 3.435% 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 | $1,358,394 | $50,495 | $612,480 | $16,246 | — |
| 2023 | $1,331,745 | $48,750 | $614,480 | $16,228 | — |
| 2022 | $1,339,041 | $46,253 | $614,484 | — | $334,514 |