Plan Snapshot
- Plan Sponsor: Indiana Electrical Workers Pension Trust Fund Ibew
- Sponsor EIN: 351102579
- Sponsor Address: 1828 N. MERIDIAN STREET, INDIANAPOLIS, IN, 46202
- Plan Type: DB
- Plan Number: 001
- Total Participants: 2,806
- Total Assets: $520.5M
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 | 2,806 | $520.5M | $38.3M | $0 |
| 2023 | 2,426 | $465.9M | $31.5M | $0 |
| 2022 | 2,120 | $409.1M | $25.6M | $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 |
|---|---|---|---|---|
| SIERRA INVESTMENT PARTNERS, INC | Other Service Provider | $329,984 | — | $329,984 |
| DEROY & DEVEREAUX | Other Service Provider | $254,335 | — | $254,335 |
| FARR MILLER & WASHINGTON | Other Service Provider | $251,417 | — | $251,417 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $169,604 | — | $169,604 |
| NATIONAL REAL ESTATE ADVISORS, LLC | Other Service Provider | $116,397 | — | $116,397 |
| ASB CAPITAL MANAGEMENT, LLC | Other Service Provider | $105,066 | — | $105,066 |
| NATIONAL INVST. SERVICES OF AMERICA | Other Service Provider | $90,176 | — | $90,176 |
| PNC BANK | Other Service Provider | $85,373 | — | $85,373 |
| UNITED ACTUARIAL SERVICES | Other Service Provider | $76,139 | — | $76,139 |
| DAVID RAY | Recordkeeper | $73,910 | — | $73,910 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $64,279 | — | $64,279 |
| WHITNEY KING | Other Service Provider | $62,537 | — | $62,537 |
| MARINER INSTITUTIONAL, LLC | Other Service Provider | $62,000 | — | $62,000 |
| LISA SMITH | Other Service Provider | $48,201 | — | $48,201 |
| LEGACY PROFESSIONALS LLP | Auditor | $42,649 | — | $42,649 |
| LEDBETTER PARISI, LLC | Other Service Provider | $40,983 | — | $40,983 |
| AMY SCHEIBLE | Other Service Provider | $30,146 | — | $30,146 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,903,196
- Estimated Expense Ratio: 0.366% 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 | $2,404,849 | $1,519,831 | — | $37,000 | — |
| 2023 | $2,470,100 | $1,744,348 | — | $36,000 | — |
| 2022 | $2,054,175 | $1,359,688 | — | — | $141,077 |