Plan Snapshot
- Plan Sponsor: Trustees Of Greater Texas Ibew Neca
- Sponsor EIN: 756229319
- Sponsor Address: 8441 GULF FREEWAY, SUITE 304, HOUSTON, TX, 77017
- Plan Type: DC
- Total Participants: 2,196
- Total Assets: $164.8M
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 | 2,196 | $164.8M | $13.8M | $256,416 |
| 2023 | 1,845 | $146.1M | $8.7M | $217,957 |
| 2022 | 1,683 | $136.6M | $6.8M | $246,943 |
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 |
|---|---|---|---|---|
| BENEFIT RESOURCES, INC. | NONE | $107,964 | — | $107,964 |
| INDURE | NONE | $66,184 | — | $66,184 |
| SEGAL MARCO | NONE | $63,000 | — | $63,000 |
| EDWARDS AND LEATHERS, P.C. | NONE | $16,017 | — | $16,017 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,165
- Estimated Expense Ratio: 0.154% 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 | $653,558 | $490,684 | $107,964 | $16,016 | — |
| 2023 | $311,412 | $139,229 | $107,897 | $19,170 | — |
| 2022 | $333,368 | $134,533 | $101,945 | — | $15,500 |