Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local Union No. 9 And Line Clearance Contractors 401(
- Sponsor EIN: 366519755
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,020
- Total Assets: $142.9M
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 | 1,020 | $142.9M | $10.4M | $446,956 |
| 2023 | 1,010 | $130.2M | $9.8M | $467,743 |
| 2022 | 1,209 | $115.9M | $9.6M | $512,206 |
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 | Recordkeeper | $232,292 | — | $232,292 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $71,000 | — | $71,000 |
| TIC MIDWEST ADMIN SOLUTIONS | Other Service Provider | $43,568 | — | $43,568 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $40,851 | — | $40,851 |
| LEGACY PROFESSIONALS LLP | Auditor | $28,191 | — | $28,191 |
| ASHER, GITTLER & D'ALBA, LTD. | Other Service Provider | $11,722 | — | $11,722 |
| AMALGAMATED BANK | Other Service Provider | $5,318 | — | $5,318 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — 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: $432,942
- Estimated Expense Ratio: 0.303% 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 | $432,970 | $297,074 | $36,364 | $23,500 | — |
| 2023 | $590,099 | $455,980 | $23,994 | $24,000 | — |
| 2022 | $791,740 | $687,587 | $23,225 | — | $35,825 |