Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local Union No. 812 Annuity Plan
- Sponsor EIN: 232578198
- Sponsor Address: 425 EAGLE ROCK AVE, STE 105, ROSELAND, NJ, 070681717
- Plan Type: DC
- Total Participants: 220
- Total Assets: $32.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 220 | $32.7M | $1.5M | $0 |
| 2023 | 217 | $30.3M | $1.0M | $0 |
| 2022 | 165 | $27.0M | $1.1M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK | NONE | $44,009 | — | $44,009 |
| FABIAN & BYRNE | NONE | $24,070 | — | $24,070 |
| PACKER THOMAS | NONE | $13,919 | — | $13,919 |
| MEYER, UNKOVIC & SCOTT LLP | NONE | $13,249 | — | $13,249 |
| CAPFINANCIAL PARTNERS LLC | NONE | $6,864 | — | $6,864 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — NONE
- PACKER THOMAS — NONE
- MEYER, UNKOVIC & SCOTT LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,111
- Estimated Expense Ratio: 0.312% 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 | $111,559 | $50,873 | $26,716 | $13,919 | — |
| 2023 | $90,509 | $33,761 | $25,672 | $13,885 | — |
| 2022 | $120,075 | $51,926 | $24,454 | — | $35,101 |