Plan Snapshot
- Plan Sponsor: Trustees Of The National Electrical Annuity Plan
- Sponsor EIN: 526132372
- Sponsor Address: 2400 RESEARCH BLVD., SUITE 500, ROCKVILLE, MD, 208503266
- Plan Type: DC
- Total Participants: 89,789
- Total Assets: $18.1B
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 89,789 | $18.1B | $1.2B | $0 |
| 2023 | 86,141 | $15.8B | $1.1B | $0 |
| 2022 | 84,425 | $13.8B | $1.1B | $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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN PC | Auditor | $115,441 | — | $115,441 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,441
- Estimated Expense Ratio: 0.001% 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 | $30,219,023 | $21,627,363 | $5,852,248 | $115,441 | — |
| 2023 | $25,228,080 | $16,927,598 | $5,652,117 | $212,804 | — |
| 2022 | $25,135,392 | $16,736,588 | $5,333,783 | — | $1,619,294 |