Plan Snapshot
- Plan Sponsor: International Brotherhood Of Elec Workers Union Local 7
- Sponsor EIN: 042733497
- Sponsor Address: 321 RESEARCH PKWY STE 110, MERIDEN, CT, 064508340
- Plan Type: DC
- Total Participants: 830
- Total Assets: $78.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 830 | $78.2M | $0 | $0 |
| 2024 | 821 | $73.2M | $0 | $0 |
| 2023 | 803 | $66.0M | $0 | $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 |
|---|---|---|---|---|
| LAPIER, DILLON AND ASSOCIATES, P.C. | Auditor | $14,232 | — | $14,232 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPIER, DILLON AND ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,232
- Estimated Expense Ratio: 0.018% 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 | $280,219 | $152,254 | $42,442 | $14,232 | — |
| 2024 | $356,050 | $191,959 | $32,535 | $22,429 | — |
| 2023 | $296,512 | $198,621 | $33,768 | — | $41,064 |