Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees, Electrical
- Sponsor EIN: 042471895
- Sponsor Address: 256 FREEPORT STREET, 2ND FLOOR, BOSTON, MA, 02122
- Plan Type: DC
- Total Participants: 8,421
- Total Assets: $1.6B
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 | 8,421 | $1.6B | $0 | $0 |
| 2023 | 8,337 | $1.4B | $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 L.L.C. | Auditor | $38,625 | — | $38,625 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,625
- Estimated Expense Ratio: 0.002% 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 | $855,484 | $290,466 | — | $38,625 | — |
| 2023 | $883,382 | $324,838 | — | — | $52,528 |