Plan Snapshot
- Plan Sponsor: Trustees Of I.B.E.W. Local Union No 479 Annuity 401k Plan
- Sponsor EIN: 203824733
- Sponsor Address: 1480 SPINDLETOP ROAD, BEAUMONT, TX, 77705
- Plan Type: DC
- Total Participants: 1,316
- Total Assets: $71.5M
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. |
|---|---|---|---|---|
| 2024 | 1,316 | $71.5M | $2.3M | $439,348 |
| 2023 | 1,287 | $67.7M | $2.3M | $549,537 |
| 2022 | 1,190 | $58.6M | $2.2M | $645,782 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $220,077 | — | $220,077 |
| JEANA DUHON | NONE | $37,638 | — | $37,638 |
| BENEFIT RESOURCES, INC. | NONE | $31,088 | — | $31,088 |
| SEGAL MARCO ADVISORS | NONE | $30,000 | — | $30,000 |
| EDWARDS AND LEATHERS, P.C. | NONE | $16,500 | — | $16,500 |
| THE SEGAL COMPANY | NONE | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $347,303
- Estimated Expense Ratio: 0.486% 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 | $367,705 | $30,000 | $31,088 | $16,500 | — |
| 2023 | $387,813 | $285,417 | — | $17,113 | — |
| 2022 | $401,981 | $294,133 | — | — | $60,552 |