Plan Snapshot
- Plan Sponsor: International Brotherhood Of Electrical Workers Local 300 - Unit 1
- Sponsor EIN: 030275174
- Sponsor Address: 3 GREGORY DRIVE, SOUTH BURLINGTON, VT, 05403
- Plan Type: DC
- Total Participants: 191
- Total Assets: $37.3M
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 | 191 | $37.3M | $0 | $0 |
| 2023 | 167 | $33.2M | $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 |
|---|---|---|---|---|
| MANZI & ASSOCIATES, LLC | Auditor | $6,800 | — | $6,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,800
- 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 |
|---|---|---|---|---|---|
| 2024 | $108,468 | $28,000 | $15,223 | $6,800 | — |
| 2023 | $101,641 | $28,000 | $46,307 | — | $6,595 |