Plan Snapshot
- Plan Sponsor: Trustees Of Local 400 Ibew Joint Annuity Fund
- Sponsor EIN: 222160644
- Sponsor Address: C/O IE SHAFFER, WEST TRENTON, NJ, 086280230
- Plan Type: DC
- Plan Number: 001
- Total Participants: 681
- Total Assets: $276.1M
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 | 681 | $276.1M | $9.4M | $0 |
| 2023 | 705 | $273.0M | $8.9M | $0 |
| 2022 | 669 | $249.9M | $8.7M | $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 |
|---|---|---|---|---|
| I.E. SHAFFER & CO. | Other Service Provider | $168,757 | — | $168,757 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | Auditor | $41,723 | — | $41,723 |
| O'BRIEN, BELLAND & BUSHINSKY LLC | Other Service Provider | $21,937 | — | $21,937 |
| MORGAN STANLEY GRAYSTONE | Recordkeeper | $17,500 | — | $17,500 |
| LINDABURY, MCCORMICK, ESTABROOK | Other Service Provider | $6,570 | — | $6,570 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $5,836 | — | $5,836 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS — Auditor
- MORGAN STANLEY GRAYSTONE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $262,323
- Estimated Expense Ratio: 0.095% 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 | $310,330 | $22,256 | $168,757 | $41,723 | — |
| 2023 | $280,125 | $22,283 | $147,223 | $35,373 | — |
| 2022 | $301,226 | $23,167 | $153,306 | — | $80,515 |