Plan Snapshot
- Plan Sponsor: Neca-Ibew Pension Trust Fund
- Sponsor EIN: 516029903
- Sponsor Address: 2120 HUBBARD AVE, DECATUR, IL, 625262871
- Plan Type: DB
- Plan Number: 001
- Total Participants: 6,690
- Total Assets: $1.6B
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 | 6,690 | $1.6B | $80.8M | $0 |
| 2023 | 6,143 | $1.5B | $71.3M | $0 |
| 2022 | 5,763 | $1.3B | $65.4M | $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 |
|---|---|---|---|---|
| ULLICO INVESTMENT ADVISORS, INC | Other Service Provider | $985,251 | — | $985,251 |
| IBEW NECA | Recordkeeper | $522,700 | — | $522,700 |
| UNION LABOR LIFE INSURANCE COMPANY | Recordkeeper | $353,429 | — | $353,429 |
| IFM INVESTORS PTY LTD | Other Service Provider | — | $272,228 | $272,228 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $247,611 | — | $247,611 |
| ASB CAPITAL MANAGEMENT LLC | Other Service Provider | $247,540 | — | $247,540 |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | Other Service Provider | $245,364 | — | $245,364 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $233,507 | — | $233,507 |
| KERBER, ECK & BRAECKEL LLP | Auditor | $124,744 | — | $124,744 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $121,923 | — | $121,923 |
| MARQUETTE ASSOCIATES | Other Service Provider | $119,500 | — | $119,500 |
| LSV ASSET MANAGEMENT | Other Service Provider | $103,964 | — | $103,964 |
| UNITED ACTUARIAL SERVICES, INC | Other Service Provider | $98,969 | — | $98,969 |
| CAVANAGH OHARA | Other Service Provider | $78,722 | — | $78,722 |
| CRESCENT CAPITAL INCOME FUND B, LP | Other Service Provider | — | $64,275 | $64,275 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $39,016 | — | $39,016 |
| COMERICA BANK | Other Service Provider | $32,859 | $3 | $32,862 |
| PNC BANK, NATIONAL ASSOCIATION | Other Service Provider | $25,316 | — | $25,316 |
| CLASSIC PRINTING COMPANY, INC | Other Service Provider | $22,941 | — | $22,941 |
| BUSEY BANK | Other Service Provider | $9,479 | — | $9,479 |
| CORELLIAN SOFTWARE INC | Other Service Provider | $8,888 | — | $8,888 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION LABOR LIFE INSURANCE COMPANY — Recordkeeper
- KERBER, ECK & BRAECKEL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,958,229
- Estimated Expense Ratio: 0.249% 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 | $4,864,610 | $2,937,304 | $522,700 | $124,744 | — |
| 2023 | $4,552,839 | $2,763,673 | $495,143 | $106,012 | — |
| 2022 | $3,910,816 | $2,184,914 | $502,949 | — | $302,107 |