Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local 531 & Neca Money Purchase Pension Plan
- Sponsor EIN: 356068417
- Sponsor Address: P.O. BOX 518, LAPORTE, IN, 463505469
- Plan Type: DC
- Total Participants: 805
- Total Assets: $137.1M
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 | 805 | $137.1M | $0 | $0 |
| 2024 | 705 | $120.9M | $0 | $0 |
| 2023 | 540 | $101.5M | $0 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $18,500 | — | $18,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,500
- Estimated Expense Ratio: 0.013% 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 | $292,282 | $29,667 | $33,527 | $18,500 | — |
| 2024 | $249,891 | $28,000 | $32,549 | $17,500 | — |
| 2023 | $228,076 | $28,000 | $31,524 | — | $142,645 |