Plan Snapshot
- Plan Sponsor: International Brotherhood Of Electrical Workers' Pension Benefit Fund
- Sponsor EIN: 530088380
- Sponsor Address: 900 7TH STREET, NW, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 472,935
- Total Assets: $2.8B
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 | 472,935 | $2.8B | $0 | $117.6M |
| 2023 | 450,729 | $2.6B | $0 | $107.0M |
| 2022 | 431,907 | $2.5B | $0 | $98.9M |
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 |
|---|---|---|---|---|
| I.B.E.W. | Other Service Provider | $3,100,000 | — | $3,100,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $1,708,178 | — | $1,708,178 |
| ULLICO INVESTMENT ADVISORS, INC. | Other Service Provider | $1,652,020 | — | $1,652,020 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $1,119,403 | — | $1,119,403 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $1,023,912 | — | $1,023,912 |
| POTTS-DUPRE, HAWKINS & KRAMER, CHTD | Other Service Provider | $617,135 | — | $617,135 |
| WESTERN ASSET MANAGEMENT | Other Service Provider | $457,074 | — | $457,074 |
| LORD, ABBETT & CO. LLC | Other Service Provider | $347,758 | — | $347,758 |
| BARROW HANLEY GLOBAL INVESTORS | Other Service Provider | $235,257 | — | $235,257 |
| PYRAMIS/FIDELITY ASSET MANAGEMENT | Other Service Provider | $209,183 | — | $209,183 |
| CS CAPITAL MANAGEMENT, INC. | Other Service Provider | $138,634 | — | $138,634 |
| SEGAL MARCO ADVISORS | Other Service Provider | $116,700 | — | $116,700 |
| CHEIRON, INC. | Other Service Provider | $81,220 | — | $81,220 |
| CALIBRE CPA GROUP, PLLC | Auditor | $79,310 | — | $79,310 |
| PARAMETRIC GROUP | Other Service Provider | $60,950 | — | $60,950 |
| PAYDEN & RYGEL | Other Service Provider | $60,668 | — | $60,668 |
| JARISLOWSKY, FRASER LIMITED | Other Service Provider | $49,400 | — | $49,400 |
| INTECH INVESTMENT MANAGEMENT LLC | Other Service Provider | $6,908 | — | $6,908 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,063,710
- Estimated Expense Ratio: 0.401% 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 | $14,589,363 | $5,395,061 | $3,100,000 | $79,310 | — |
| 2023 | $14,798,094 | $3,472,776 | $2,900,000 | $74,800 | — |
| 2022 | $10,362,123 | $5,078,899 | $2,700,000 | — | $1,774,449 |