Plan Snapshot
- Plan Sponsor: Trustees Of The National Electrical Benefit Fund
- Sponsor EIN: 530181657
- Sponsor Address: 2400 RESEARCH BLVD., SUITE 500, ROCKVILLE, MD, 208503266
- Plan Type: DB
- Total Participants: 343,794
- Total Assets: $20.4B
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 | 343,794 | $20.4B | $943.9M | $0 |
| 2023 | 332,362 | $18.9B | $862.5M | $0 |
| 2022 | 323,315 | $17.9B | $807.6M | $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 P.C. | Auditor | $202,231 | — | $202,231 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $202,231
- 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 | $119,431,859 | $50,624,497 | — | $202,231 | — |
| 2023 | $113,859,151 | $56,470,757 | — | $536,446 | — |
| 2022 | $104,680,384 | $57,943,730 | — | — | $7,980,065 |