Plan Snapshot
- Plan Sponsor: Trustees Electrical Workers Local No.292 Pension Plan
- Sponsor EIN: 416035616
- Sponsor Address: 6700 W. BROADWAY AVENUE, SUITE B, BROOKLYN PARK, MN, 554282367
- Plan Type: DB
- Total Participants: 2,466
- Total Assets: $447.5M
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. |
|---|---|---|---|---|
| 2025 | 2,466 | $447.5M | $0 | $0 |
| 2024 | 2,387 | $417.1M | $0 | $0 |
| 2023 | 2,293 | $386.1M | $0 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $36,165 | — | $36,165 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,165
- Estimated Expense Ratio: 0.008% 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 |
|---|---|---|---|---|---|
| 2025 | $1,948,365 | $1,041,238 | $380,247 | $36,165 | — |
| 2024 | $1,746,414 | $984,558 | $358,488 | $34,953 | — |
| 2023 | $1,594,186 | $845,970 | $308,142 | — | $216,465 |