Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local Union No 479 Pension Trust Fund
- Sponsor EIN: 746183767
- Sponsor Address: 1430 SPINDLETOP ROAD, BEAUMONT, TX, 77705
- Plan Type: DC
- Total Participants: 642
- Total Assets: $162.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 642 | $162.3M | $3.5M | $0 |
| 2023 | 653 | $144.8M | $3.7M | $0 |
| 2022 | 595 | $128.0M | $3.6M | $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 |
|---|---|---|---|---|
| HGK TRINITY STREET | NONE | $74,519 | — | $74,519 |
| FIDELITY MANAGE TRUST | NONE | $54,905 | — | $54,905 |
| SEGAL MARCO | NONE | $45,000 | — | $45,000 |
| BENEFIT RESOURCES INC | NONE | $40,475 | — | $40,475 |
| THE SEGAL CO. | NONE | $33,500 | — | $33,500 |
| EDWARDS AND LEATHERS, P.C. | NONE | $16,500 | — | $16,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL CO. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $264,899
- Estimated Expense Ratio: 0.163% 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 | $748,448 | $501,647 | — | $16,500 | — |
| 2023 | $371,094 | $174,365 | — | $17,595 | — |
| 2022 | $381,348 | $166,532 | — | — | $55,995 |