Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local 613 & Contributing Employers Retiree
- Sponsor EIN: 463415861
- Sponsor Address: 501 PULLIAM ST SW, STE 444, ATLANTA, GA, 30312
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 583
- Total Assets: $5.2M
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 | 583 | $5.2M | $0 | $0 |
| 2024 | 576 | $3.7M | $2.2M | $221,479 |
| 2023 | 583 | $3.2M | $620,976 | $270,108 |
| 2022 | 0 | $4.1M | $0 | $244,187 |
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 |
|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFITS ADMIN. | Other Service Provider | $65,696 | — | $65,696 |
| WILLIS TOWERS WATSON | Other Service Provider | $26,364 | — | $26,364 |
| LEGACY PROFESSIONALS LLP | Other Service Provider | $21,885 | — | $21,885 |
| CIGNA HEALTHCARE | Other Service Provider | $13,026 | — | $13,026 |
| ATLANTA CAPITAL | Other Service Provider | $7,412 | — | $7,412 |
| GORDON LAW LLC | Other Service Provider | $6,000 | — | $6,000 |
| BHA CONSULTING SERVICES LLC | Other Service Provider | $5,667 | — | $5,667 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,050
- Estimated Expense Ratio: 2.805% 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 | $1,542,815 | $9,079 | $64,268 | $15,000 | — |
| 2024 | $125,340 | $6,752 | $64,268 | $15,000 | — |
| 2023 | $131,735 | $8,362 | $64,268 | $15,000 | — |
| 2022 | $116,251 | $12,728 | $64,268 | — | $19,178 |