# Trustees Of Ibew Local Union No. 9 And Line Clearance Contractors 401( 401(k) Plan
Source: https://planprovider.pro/companies/trustees-of-ibew-local-union-no-9-and-line-clearance-contractors-401-366519755-002

> Trustees Of Ibew Local Union No. 9 And Line Clearance Contractors 401(&#39;s 401(k) plan: 1,020 participants, plan year 2024 financials, providers, and benchmark…

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/john-hancock) — Recordkeeper

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/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|

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