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Original filing (PDF)20251001200744NAL0012999073001
TRUSTEES OF IBEW LOCAL UNION NO. 126 HEALTH AND WELFARE PLAN
Form 5500
FILING_RECEIVED
IBEW LOCAL UNION NO. 126 HEALTH AND WELFARE PLAN
Health & welfare plan
Signals · 4
1 failed disclosure~134 bps in Sched C feesNo recordkeeper disclosed16 service providers
Active participants
1,995
Accounts w/ balance
—
Plan assets (EOY)
$164.2M
Net assets (EOY)
$161.2M
Plan health score (directional)
80
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
85
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 1 Schedule C provider failed to disclose compensation.
- 134 bps in Schedule C fees — 1238% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TRUSTEES OF IBEW LOCAL UNION NO. 126 HEALTH AND WELFARE PLAN.
Plan sponsor
Name
TRUSTEES OF IBEW LOCAL UNION NO. 126 HEALTH AND WELFARE PLAN
EIN
23-6395223
Address
3455 GERMANTOWN PIKE · COLLEGEVILLE, PA · 19426
Phone
(610) 489-1185
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-01
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4C · Supplemental Unemployment
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4L · Death Benefits (other than life insurance)
Audit & trust (Schedule H)
Auditor
NOVAK FRANCELLA, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
16 rowsOther
16| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | 23-2184623 | — | NONE | $1.2M | — |
| MORGAN STANLEY SMITH BARNEY, LLC | 11-3658445 | — | NONE | $176K | — |
| IBEW LOCAL UNION NO. 126 | 23-1302203 | — | RELATED | $139K | — |
| LACHER & ASSOCIATES INS. AGENCY INC | 23-2134092 | — | NONE | $124K | — |
| TELADOC INC | 04-3705970 | — | NONE | $115K | — |
| PRINCIPAL CUSTODY SOLUTIONS | 42-1520346 | — | NONE | $102K | — |
| DELTA DENTAL OF PENNSYLVANIA | 23-1667011 | — | NONE | $85K | — |
| COMPUSYS OF UTAH, INC. | 84-0869853 | — | NONE | $62K | — |
| GUARDIAN LIFE INSURANCE | 13-5123390 | — | NONE | $47K | — |
| BRIDGEWAY BENEFIT TECHNOLOGIES | 52-1796473 | — | NONE | $36K | — |
| NOVAK FRANCELLA, LLC | 61-1436956 | — | NONE | $35K | — |
| FOX ROTHSCHILD, LLP | 23-1404723 | — | NONE | $28K | — |
| SAV RX | 86-1323040 | — | NONE | $17K | — |
| EYELATION | 46-4300929 | — | NONE | $12K | — |
| SUMMIT ACTUARIAL | 20-3838633 | — | NONE | $9K | — |
| CLEARY & JOSEM LLP | 23-2657967 | — | NONE | $6K | — |
Failed / refused disclosures (Sched C Part 2)
| Provider | Nondisclosure info |
|---|---|
| PRINCIPAL CUSTODY SOLUTIONS | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.