Plan Snapshot
- Plan Sponsor: Trustees Of I.B.E.W Local 697 Defined Contribution Plan
- Sponsor EIN: 351773526
- Sponsor Address: 7200 MISSISSIPPI STREET, MERRILLVILLE, IN, 46410
- Plan Type: DC
- Total Participants: 925
- Total Assets: $432.7M
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 | 925 | $432.7M | $13.9M | $9,614 |
| 2023 | 986 | $389.7M | $13.3M | $34,569 |
| 2022 | 981 | $337.0M | $12.4M | $98,121 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP | NONE | $126,740 | — | $126,740 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $120,870 | — | $120,870 |
| P KEENAN | ADMINISTRATOR | $69,429 | — | $69,429 |
| LEGACY PROFESSIONALS LLP | NONE | $32,742 | — | $32,742 |
| MARQUETTE ASSOCIATES | NONE | $30,000 | — | $30,000 |
| M SCZURKO | EMPLOYEE | $29,028 | — | $29,028 |
| HAGBERG & ASSOCIATES | NONE | $25,188 | — | $25,188 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $433,997
- Estimated Expense Ratio: 0.100% 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 | $583,956 | $198,967 | — | $24,819 | — |
| 2023 | $589,712 | $197,127 | — | $23,500 | — |
| 2022 | $517,082 | $242,677 | — | — | $67,756 |