Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees, Ibew Local Union No 5 & Western PA Chapter Ne
- Sponsor EIN: 251368983
- Sponsor Address: 5 HOT METAL STREET, SUITE 301, PITTSBURGH, PA, 152032357
- Plan Type: DC
- Total Participants: 3,848
- Total Assets: $496.2M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,848 | $496.2M | $29.8M | $0 |
| 2023 | 3,623 | $451.1M | $28.1M | $0 |
| 2022 | 3,460 | $400.6M | $26.7M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | Recordkeeper | $345,078 | — | $345,078 |
| CENTRAL DATA SERVICES | Other Service Provider | $207,276 | — | $207,276 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $42,000 | — | $42,000 |
| CALIBRE CPA GROUP PLLC | Auditor | $32,193 | — | $32,193 |
| MEYER, UNKOVIC, & SCOTT, LLP | Other Service Provider | $16,369 | — | $16,369 |
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: $642,916
- Estimated Expense Ratio: 0.130% 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 | $838,465 | $42,000 | $207,276 | $26,100 | — |
| 2023 | $817,583 | $42,000 | $203,447 | $28,556 | — |
| 2022 | $804,917 | $477,908 | $199,693 | — | $84,657 |