Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local 728 Annuity Fund
- Sponsor EIN: 592794330
- Sponsor Address: 2010 NW 150TH AVENUE, PEMBROKE PINES, FL, 330281123
- Plan Type: DC
- Total Participants: 1,758
- Total Assets: $93.4M
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 | 1,758 | $93.4M | $4.3M | $0 |
| 2023 | 1,745 | $88.0M | $3.8M | $0 |
| 2022 | 1,712 | $77.5M | $3.3M | $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 | NONE | $86,656 | — | $86,656 |
| NATIONAL EMPLOYEE BENEFITS ADMIN | NONE | $83,607 | — | $83,607 |
| CAPTRUST | NONE | $67,031 | — | $67,031 |
| SUGARMAN & SUSSKIND | NONE | $36,224 | — | $36,224 |
| LEGACY PROFESSIONALS LLP | NONE | $19,209 | — | $19,209 |
| IBEW LOCAL 728 UNION | NONE | $16,878 | — | $16,878 |
| PROFUND SOLUTIONS | NONE | $8,100 | — | $8,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD — NONE
- CAPTRUST — NONE
- SUGARMAN & SUSSKIND — NONE
- LEGACY PROFESSIONALS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $317,705
- Estimated Expense Ratio: 0.340% 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 | $346,900 | $67,031 | $82,800 | $13,500 | — |
| 2023 | $316,705 | $59,830 | $82,800 | $13,500 | — |
| 2022 | $287,971 | $61,251 | $73,300 | — | $60,639 |