Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Of The Ibew Local 972 Pension Fund
- Sponsor EIN: 310964117
- Sponsor Address: 50 SANDHILL ROAD, RENO, OH, 45773
- Plan Type: DC
- Total Participants: 597
- Total Assets: $89.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 597 | $89.8M | $3.4M | $0 |
| 2023 | 593 | $82.4M | $3.7M | $0 |
| 2022 | 596 | $68.7M | $3.5M | $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 |
|---|---|---|---|---|
| GRAY, GRIFFITH AND MAYS A.C | Auditor | $47,820 | — | $47,820 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,820
- Estimated Expense Ratio: 0.053% 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 | $254,621 | $90,674 | $40,057 | $47,820 | — |
| 2023 | $244,518 | $79,025 | $103,225 | — | — |
| 2022 | $269,012 | $59,166 | — | — | $89,947 |