Plan Ledger DOL Form 5500 · updated monthly

112/73 Retirement Trust Fund Neca - IbewMoney purchase plan

112/73 RETIREMENT PLAN NECA-IBEW · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

112/73 Retirement Trust Fund Neca - Ibew reported $463,355 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $4,709 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.12% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 61st-largest of 1,714 plans among Washington employers on file, and the 147th of 5,337 in construction.

Plan summary
Net assets, end of year$478,294,535
Participants with balances2,949
Active participants6,481
Employer contributions$30,517,367
Employee contributions—
Employer contribution per active participant$4,709
Average account balance$162,189
Benefits paid to participants$34,522,827
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$478.3M · 2,949 accts · $30.5M emplr
2023$420.4M · 2,642 accts · $26.0M emplr
2022$348.2M · 3,414 accts · $23.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$252,687
Investment management$69,333
Audit (IQPA)$19,900
Trustee / custodial$978
Total administrative$463,355
Employer contributions to the 112/73 Retirement Trust Fund Neca - Ibew plan · 2024
Employer contribution per active participant$4,709
Median for plans this size$4,294
2024$4,709 per active participant
2023$4,207 per active participant
2022$4,013 per active participant

112/73 Retirement Trust Fund Neca - Ibew's 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
JOHN HANCOCK · Plan administrator$160,747
REHN & ASSOCIATES · Contract administrator$82,719
VERUS · Pension consulting$69,333
CLIFTONLARSONALLEN LLP · Accounting / audit$51,237
TURNER, STOEVE & GAGLIARDI, P.S. · Legal$33,015

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$463,355 · 0.10%
2023$451,723 · 0.12%
2022$459,043 · 0.12%
Similar plansConstruction · Washington
McKinstry Co. LLC WA$251.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911167290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.