Plan Snapshot
- Plan Sponsor: Trustees Of I.B.E.W. Local 728 Family Healthcare Plan
- Sponsor EIN: 596134297
- Sponsor Address: 2010 N.W. 150TH AVE, PEMBROKE PINES, FL, 33028
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 908
- Total Assets: $11.3M
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 | 908 | $11.3M | $0 | $0 |
| 2024 | 831 | $8.6M | $12.2M | $29,553 |
| 2023 | 806 | $7.5M | $11.1M | $88,259 |
| 2022 | 829 | $5.3M | $10.3M | $137,669 |
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 |
|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFITS ADMIN | Other Service Provider | $150,732 | — | $150,732 |
| SUGARMAN AND SUSSKIND | Other Service Provider | $79,894 | — | $79,894 |
| BROWN & BROWN | Other Service Provider | $50,400 | — | $50,400 |
| IBEW LOCAL 728 UNION | Other Service Provider | $44,745 | — | $44,745 |
| LEGACY PROFESSIONALS LLP | Other Service Provider | $29,342 | — | $29,342 |
| BOYD WATTERSON ASSET MANAGEMENT | Other Service Provider | $8,846 | — | $8,846 |
| PROFUND SOLUTIONS LLC | Other Service Provider | $8,100 | — | $8,100 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $372,059
- Estimated Expense Ratio: 3.278% 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 | $10,786,814 | $11,225 | $144,398 | $21,700 | — |
| 2024 | $383,001 | $18,861 | $134,233 | $21,700 | — |
| 2023 | $376,964 | $12,012 | $132,671 | $21,200 | — |
| 2022 | $370,648 | $9,626 | $132,547 | — | $162,098 |