# Trustees Electrical Workers Local No.292 Supplemental Unemp Benefit Pl Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/trustees-electrical-workers-local-no-292-supplemental-unemp-benefit-pl-411876011-502

> Trustees Electrical Workers Local No.292 Supplemental Unemp Benefit Pl&#39;s Health &amp; Welfare plan: 4,803 participants, plan year 2024 financials, providers, and…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Trustees Electrical Workers Local No.292 Supplemental Unemp Benefit Pl

- **Sponsor EIN:** 411876011

- **Sponsor Address:** 6700 W. BROADWAY AVENUE, SUITE B, BROOKLYN PARK, MN, 55428

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 4,803

- **Total Assets:** $15.9M

## 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|4,803|$15.9M|$1.5M|$0|

| 2023|4,730|$14.1M|$1.2M|$0|

| 2022|4,551|$13.8M|$1.1M|$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|

| I.B.E.W. 292 HEALTH CARE PLAN|Other Service Provider|$90,270|—|$90,270|

| LEGACY PROFESSIONALS LLP|Auditor|$15,015|—|$15,015|

| SEGAL ADVISORS, INC.|Other Service Provider|$7,000|—|$7,000|

| UNION BANK AND TRUST|ERISA Attorney|$6,764|—|$6,764|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

- [UNION BANK AND TRUST](https://planprovider.pro/provider/the-wagner-law-group) — ERISA Attorney

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $119,049

- **Estimated Expense Ratio:** 0.750% 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|$126,515|$7,443|$90,270|$15,015|—|

| 2023|$224,989|$10,725|$190,065|$14,548|—|

| 2022|$201,008|$10,278|$165,488|—|$16,051|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-electrical-workers-local-no-292-supplemental-unemp-benefit-pl-411876011-502)

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