Plan Snapshot
- Plan Sponsor: Joint Industry Board Of The Electrical Industry
- Sponsor EIN: 130891035
- Sponsor Address: 158-11 HARRY VAN ARSDALE JR AVENUE, FLUSHING, NY, 11365
- Plan Type: DC
- Total Participants: 308
- Total Assets: $117.7M
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 | 308 | $117.7M | $3.2M | $2.5M |
| 2023 | 325 | $104.9M | $3.1M | $2.4M |
| 2022 | 324 | $94.5M | $3.0M | $2.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS. CO. OF AMERICA | NONE | $19,377 | — | $19,377 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,377
- Estimated Expense Ratio: 0.016% 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 | $19,754 | — | — | — | — |
| 2023 | $20,455 | — | $20,455 | — | — |
| 2022 | $19,531 | $702 | $18,829 | — | — |