Plan Snapshot
- Plan Sponsor: Local Union 212 Ibew Supplemental Unemployment Benefit Trust
- Sponsor EIN: 237278092
- Sponsor Address: 212 CROWNE POINT PLACE, SUITE 102, CINCINNATI, OH, 452411388
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 1,681
- Total Assets: $13.8M
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 | 1,681 | $13.8M | $1.1M | $0 |
| 2023 | 1,649 | $12.6M | $1.2M | $0 |
| 2022 | 1,669 | $12.2M | $1.3M | $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 |
|---|---|---|---|---|
| KELLEY GALLOWAY SMITH GOOLSBY, PSC | Auditor | $37,091 | — | $37,091 |
| ZENITH AMERICAN SOLUTIONS, INC. | Other Service Provider | $34,740 | — | $34,740 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $20,000 | — | $20,000 |
| PNC BANK, NATIONAL ASSOCIATION | Other Service Provider | $13,891 | — | $13,891 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | $13,073 | — | $13,073 |
| LEDBETTER PARTNERS, LLC | Other Service Provider | $12,048 | — | $12,048 |
| CUNI, RUST & STRENK | Other Service Provider | $9,200 | — | $9,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KELLEY GALLOWAY SMITH GOOLSBY, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,043
- Estimated Expense Ratio: 1.017% 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 | $193,201 | $23,268 | $34,740 | $37,091 | — |
| 2023 | $192,422 | $23,008 | $32,311 | $36,106 | — |
| 2022 | $187,869 | $22,916 | $33,376 | — | $53,027 |