Plan Snapshot
- Plan Sponsor: Int'L Bro. Of Elect. Workers Local 42 Occ.Safety,Health And Education
- Sponsor EIN: 061062697
- Sponsor Address: 20 CRAFTSMAN ROAD, EAST WINDSOR, CT, 06088
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 943
- Total Assets: $12.9M
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. |
|---|---|---|---|---|
| 2025 | 943 | $12.9M | $0 | $0 |
| 2024 | 963 | $13.4M | $2.4M | $0 |
| 2023 | 988 | $13.1M | $2.9M | $0 |
| 2022 | 932 | $12.7M | $2.5M | $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 |
|---|---|---|---|---|
| NORMAN HEBERT | Other Service Provider | $345,944 | — | $345,944 |
| PATRICK DOWLAND | Other Service Provider | $328,822 | — | $328,822 |
| VANNA FOSTER | Other Service Provider | $99,608 | — | $99,608 |
| EMILY ROTHWELL | Other Service Provider | $99,190 | — | $99,190 |
| MORGAN STANLEY | Other Service Provider | $66,416 | — | $66,416 |
| ACCOUNTING RESOURCES INC. | Other Service Provider | $35,717 | — | $35,717 |
| NOVAK FRANCELLA LLC | Other Service Provider | $25,982 | — | $25,982 |
| ROBERT M. CHEVERIE & ASSOCIATES PC | Other Service Provider | $6,000 | — | $6,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,007,679
- Estimated Expense Ratio: 7.791% 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 |
|---|---|---|---|---|---|
| 2025 | $3,058,789 | $66,416 | — | $23,730 | — |
| 2024 | $1,813,389 | $63,165 | — | $22,600 | — |
| 2023 | $1,867,144 | $57,121 | — | $22,301 | — |
| 2022 | $1,450,327 | $39,678 | — | — | $50,358 |