# Trustees Of Ibew Local 531 & Neca Pension Plan DB Plan
Source: https://planprovider.pro/companies/trustees-of-ibew-local-531-neca-pension-plan-plan

> Trustees Of Ibew Local 531 & Neca Pension Plan's DB plan: 614 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Trustees Of Ibew Local 531 & Neca Pension Plan

- **Sponsor EIN:** 356068417

- **Sponsor Address:** 5420 W. SOUTHERN AVE, INDIANAPOLIS, IN, 46241

- **Plan Type:** DB

- **Total Participants:** 614

- **Total Assets:** $120.4M

## 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|614|$120.4M|$0|$0|

| 2023|424|$103.5M|$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|Auditor|$16,800|—|$16,800|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $16,800

- **Estimated Expense Ratio:** 0.014% 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|$761,834|$434,329|$77,917|$16,800|—|

| 2023|$755,084|$418,049|$76,594|—|$190,677|

## Similar Plans

- [Electric Plus, INC](https://planprovider.pro/companies/electric-plus-inc-plan) — 438 participants

- [Trustees Of Ibew Local 531 & Neca Money Purchase Pension Plan](https://planprovider.pro/companies/trustees-of-ibew-local-531-neca-money-purchase-pension-plan-plan) — 805 participants

- [Ibew Local Union 305 Pension Plan Board Of Trustees](https://planprovider.pro/companies/ibew-local-union-305-pension-plan-board-of-trustees-plan) — 861 participants

- [Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund](https://planprovider.pro/companies/trustees-of-local-697-i-b-e-w-elect-industry-pension-fund-plan) — 911 participants

- [Markey'S Audio-Visual, INC.](https://planprovider.pro/companies/markey-s-audio-visual-inc-401k-plan-001) — 311 participants

- [Trustees Of I.B.E.W Local 697 Defined Contribution Plan](https://planprovider.pro/companies/trustees-of-ibew-elec-industry-local-697-money-purch-plan-plan) — 925 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-of-ibew-local-531-neca-pension-plan-plan)

© 2026 PlanProvider.Pro