Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Lu 363 Supplement Unemployment Benefit Fund
- Sponsor EIN: 020546331
- Sponsor Address: 67 COMMERCE DRIVE SOUTH, HARRIMAN, NY, 10926
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 703
- Total Assets: $8.0M
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 | 703 | $8.0M | $204,405 | $0 |
| 2023 | 700 | $7.7M | $215,864 | $0 |
| 2022 | 694 | $7.1M | $477,475 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $22,174 | — | $22,174 |
| ARCHER BYINTON GLENNON & LEVINE | Other Service Provider | $19,375 | — | $19,375 |
| L. 363 JAT R.E. CORP | Other Service Provider | $9,165 | — | $9,165 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | Auditor | $8,614 | — | $8,614 |
| BERARD & ASSOCIATES | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
- MSPC CERTIFIED PUBLIC ACCOUNTANTS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,328
- Estimated Expense Ratio: 0.801% 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 | $184,220 | $22,174 | — | $8,614 | — |
| 2023 | $206,887 | $20,167 | — | $7,725 | — |
| 2022 | $193,604 | $26,478 | — | — | $20,362 |