Plan Snapshot
- Plan Sponsor: Trustees Of Ibew No 743 Health And Welfare Plan
- Sponsor EIN: 236299525
- Sponsor Address: 20 MORGAN DRIVE, READING, PA, 19608
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 476
- Total Assets: $13.9M
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 | 476 | $13.9M | $9.3M | $300,279 |
| 2023 | 426 | $13.3M | $9.6M | $334,498 |
| 2022 | 410 | $12.3M | $10.5M | $317,326 |
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 |
|---|---|---|---|---|
| THE HORTON GROUP INC | Other Service Provider | $145,000 | — | $145,000 |
| FABIAN & BYRN TPA, LLC | Other Service Provider | $63,108 | — | $63,108 |
| CAPTRUST FINANCIAL ADVISORS | Other Service Provider | $53,535 | — | $53,535 |
| MEYER UNKOVIC & SCOTT LLP | ERISA Attorney | $36,073 | — | $36,073 |
| LAWRENCE C MUSGROVE ASSOCIATES | Other Service Provider | $28,178 | — | $28,178 |
| ALAN ROSS AND COMPANY, PC | Other Service Provider | $12,250 | — | $12,250 |
| SEGAL CONSULTING | Other Service Provider | $7,416 | — | $7,416 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEYER UNKOVIC & SCOTT LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $345,560
- Estimated Expense Ratio: 2.488% 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 | $823,816 | $53,535 | $86,008 | $12,250 | — |
| 2023 | $694,951 | $47,346 | $60,517 | $12,250 | — |
| 2022 | $963,668 | $46,674 | $62,420 | — | $206,144 |