Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local No. 7 Pension Plan
- Sponsor EIN: 042314259
- Sponsor Address: 321 RESEARCH PKWY STE 110, MERIDEN, CT, 064508340
- Plan Type: DB
- Total Participants: 611
- Total Assets: $85.8M
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 | 611 | $85.8M | $0 | $0 |
| 2024 | 620 | $77.8M | $0 | $0 |
| 2023 | 601 | $66.5M | $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 |
|---|---|---|---|---|
| LAPIER, DILLON AND ASSOCIATES, P.C. | Auditor | $14,278 | — | $14,278 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPIER, DILLON AND ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,278
- Estimated Expense Ratio: 0.017% 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 | $540,783 | $258,611 | $75,490 | $14,278 | — |
| 2024 | $450,752 | $223,945 | $55,830 | $21,100 | — |
| 2023 | $264,235 | $57,081 | $57,380 | — | $144,894 |