Plan Snapshot
- Plan Sponsor: International Brotherhood Of Electrical Wkrs Local No. 1392
- Sponsor EIN: 356244875
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: DB
- Plan Number: 001
- Total Participants: 30
- Total Assets: $13.8M
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 | 30 | $13.8M | $166,210 | $0 |
| 2023 | 29 | $14.2M | $212,735 | $0 |
| 2022 | 31 | $14.2M | $353,865 | $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 |
|---|---|---|---|---|
| STOUT RISIUS ROSS, LLC | Other Service Provider | $65,912 | — | $65,912 |
| GROOM LAW GROUP | ERISA Attorney | $56,324 | — | $56,324 |
| CHEIRON | Other Service Provider | $46,810 | — | $46,810 |
| MARQUETTE ASSOCIATES | Other Service Provider | $35,000 | — | $35,000 |
| TIC MIDWEST, LLC | Other Service Provider | $30,087 | — | $30,087 |
| CHERRY BEKAERT LLP | Other Service Provider | $21,630 | — | $21,630 |
| MORGAN STANLEY PRIME PROPERTY | Recordkeeper | $20,922 | — | $20,922 |
| 1ST SOURCE | Other Service Provider | $18,010 | — | $18,010 |
| MAY OBERFELL LORBER | Other Service Provider | $8,753 | — | $8,753 |
| MADDIN HAUSER | Other Service Provider | $5,135 | — | $5,135 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROOM LAW GROUP — ERISA Attorney
- MORGAN STANLEY PRIME PROPERTY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $308,583
- Estimated Expense Ratio: 2.237% 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 | $339,926 | $56,651 | $27,450 | $21,630 | — |
| 2023 | $304,577 | $78,259 | $18,000 | $20,838 | — |
| 2022 | $2,529,990 | $53,548 | $18,000 | — | $105,437 |