Plan Snapshot
- Plan Sponsor: Trustees Of Local No. 41 Ibew Annuity
- Sponsor EIN: 166069938
- Sponsor Address: S 3546 CALIFORNIA ROAD, ORCHARD PARK, NY, 14127
- Plan Type: 401(k)
- Total Participants: 1,495
- Total Assets: $120.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,495 | $120.6M | $0 | $0 |
| 2023 | 1,449 | $97.5M | $0 | $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 |
|---|---|---|---|---|
| ARCARA LENDA EUSANIO & STACEY, CPAS | Auditor | $35,983 | — | $35,983 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,983
- Estimated Expense Ratio: 0.030% 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 | $310,577 | $13,125 | — | $35,983 | — |
| 2023 | $300,422 | $79,477 | — | — | $79,038 |