Plan Snapshot
- Plan Sponsor: Jt Board Trustees Ibew Local 252
- Sponsor EIN: 386323896
- Sponsor Address: 3135 S. STATE ST., SUITE 105, ANN ARBOR, MI, 481081653
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,284
- Total Assets: $143.1M
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 | 1,284 | $143.1M | $7.5M | $3.1M |
| 2023 | 1,290 | $126.3M | $6.7M | $2.6M |
| 2022 | 1,295 | $108.5M | $4.5M | $2.2M |
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 |
|---|---|---|---|---|
| LAW OFFICE OF THOMAS D. LUCZAK PLLC | Other Service Provider | $178,136 | $1,060 | $179,196 |
| RBC WEALTH MANAGEMENT | Other Service Provider | $92,836 | — | $92,836 |
| ADP | Other Service Provider | $85,444 | — | $85,444 |
| ANN ARBOR BENEFITS ADMINISTRATORS | Other Service Provider | $47,576 | — | $47,576 |
| POLK AND ASSOCIATES, P.L.C. | Other Service Provider | $33,300 | — | $33,300 |
| CONLIN, MCKENNEY & PHILBRICK, P.C. | Other Service Provider | — | $8,483 | $8,483 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $446,835
- Estimated Expense Ratio: 0.312% 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 | $278,228 | — | $47,576 | $33,300 | — |
| 2023 | $454,089 | $82,576 | $46,327 | $31,580 | — |
| 2022 | $408,372 | $142,397 | $49,713 | — | $194,359 |