Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local 613 & Contrib Employers Family
- Sponsor EIN: 586042175
- Sponsor Address: 501 PULLIAM ST SW, STE 444, ATLANTA, GA, 30312
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,456
- Total Assets: $128.7M
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. |
|---|---|---|---|---|
| 2025 | 6,456 | $128.7M | $0 | $0 |
| 2024 | 5,661 | $102.6M | $77.4M | $8.3M |
| 2023 | 4,963 | $86.7M | $69.8M | $2.6M |
| 2022 | 4,810 | $70.7M | $62.7M | $350,545 |
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 |
|---|---|---|---|---|
| CIGNA HEALTHCARE | Other Service Provider | $1,837,152 | — | $1,837,152 |
| NATIONAL EMPLOYEE BENEFITS ADMIN. | Other Service Provider | $1,329,601 | — | $1,329,601 |
| ATLANTA CAPITAL | Other Service Provider | $122,440 | — | $122,440 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $72,594 | — | $72,594 |
| GORDON LAW LLC | Other Service Provider | $66,000 | — | $66,000 |
| LEGACY PROFESSIONALS LLP | Other Service Provider | $53,620 | — | $53,620 |
| BHA CONSULTING SERVICES LLC | Other Service Provider | $42,071 | — | $42,071 |
| C AND T COUNSELING LLC | Other Service Provider | $37,773 | — | $37,773 |
| TOP DRAWER | Other Service Provider | $28,443 | — | $28,443 |
| SYNOVUS BANK | Other Service Provider | $18,653 | — | $18,653 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $12,500 | — | $12,500 |
| US BANK | Other Service Provider | $8,832 | — | $8,832 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,629,679
- Estimated Expense Ratio: 2.819% 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 | $87,638,544 | $207,534 | $1,310,870 | $29,000 | — |
| 2024 | $1,640,109 | $197,748 | $1,125,747 | $29,000 | — |
| 2023 | $1,520,127 | $184,010 | $1,030,712 | $29,000 | — |
| 2022 | $1,473,491 | $145,510 | $1,021,840 | — | $199,335 |