Plan Snapshot
- Plan Sponsor: Local Union No. 3, Ibew, Afl-Cio
- Sponsor EIN: 135574127
- Sponsor Address: 158-11 HARRY VAN ARSDALE JR. AVENUE, FLUSHING, NY, 113653085
- Plan Type: 401(k)
- Total Participants: 71
- Total Assets: $31.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 71 | $31.5M | $1.1M | $763,351 |
| 2023 | 72 | $29.4M | $1.0M | $733,873 |
| 2022 | 68 | $26.2M | $976,330 | $709,085 |
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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $21,019 | $5,000 | $6,592 | — | — |
| 2023 | $18,370 | $12,029 | $3,341 | — | — |
| 2022 | $20,330 | $11,595 | $5,335 | — | $3,400 |