Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local 613 Defined Contribution Pension Plan
- Sponsor EIN: 581577291
- Sponsor Address: 501 PULLIAM ST SW, STE 444, ATLANTA, GA, 30312
- Plan Type: DC
- Total Participants: 5,140
- Total Assets: $752.4M
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 | 5,140 | $752.4M | $43.5M | $0 |
| 2023 | 4,682 | $670.7M | $34.1M | $0 |
| 2022 | 4,358 | $582.3M | $29.1M | $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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC | Recordkeeper | $612,408 | — | $612,408 |
| VANGUARD GROUP INC | Other Service Provider | $352,854 | — | $352,854 |
| NATIONAL EMPLOYEE BENEFITS ADMIN | Other Service Provider | $107,779 | — | $107,779 |
| ARNALL GOLDEN GREGORY LLC | Other Service Provider | $104,986 | — | $104,986 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $40,000 | — | $40,000 |
| LEGACY PROFESSIONALS LLP | Auditor | $39,053 | — | $39,053 |
| BHA CONSULTING SERVICES LLC | Other Service Provider | $5,690 | — | $5,690 |
| BRENTWOOD ASSET ADVISORS INC | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,267,770
- Estimated Expense Ratio: 0.168% 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 | $1,303,875 | $652,408 | $107,779 | $18,000 | — |
| 2023 | $1,250,280 | $559,933 | $107,779 | $18,000 | — |
| 2022 | $1,232,469 | $518,079 | $107,779 | — | $159,001 |