Plan Snapshot
- Plan Sponsor: Trustees Of International Brotherhood Teamsters Voluntary Employee Ben
- Sponsor EIN: 016196051
- Sponsor Address: 25 LOUISIANA AVENUE, NW, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,251,183
- Total Assets: $24.0M
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 | 1,251,183 | $24.0M | $0 | $0 |
| 2023 | 1,267,407 | $22.5M | $0 | $0 |
| 2022 | 1,253,634 | $25.5M | $0 | $23.0M |
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 |
|---|---|---|---|---|
| DIBNE LLC | Other Service Provider | $121,940 | — | $121,940 |
| INTERNATIONAL BROTHERHOOD TEAMSTERS | Other Service Provider | $94,747 | — | $94,747 |
| NOVAK FRANCELLA LLC | Auditor | $28,641 | — | $28,641 |
| PILLAR RX CONSULTING LLC | Other Service Provider | $21,466 | — | $21,466 |
| ALAN D. BILLER & ASSOCIATES INC | ERISA Attorney | $17,500 | — | $17,500 |
| FEINBERG, DUMONT & BRENNAN | Other Service Provider | $5,135 | — | $5,135 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- ALAN D. BILLER & ASSOCIATES INC — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $289,429
- Estimated Expense Ratio: 1.208% 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 | $978,675 | $17,500 | — | $28,641 | — |
| 2023 | $604,677 | $18,000 | — | $25,405 | — |
| 2022 | $4,815,055 | $18,000 | — | — | $406,388 |