Plan Ledger DOL Form 5500 · updated monthly

Arkansas Chapter Neca-Ibew Retirement PlanMoney purchase plan

ARKANSAS CHAPTER NECA-IBEW RETIREMENT PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Arkansas Chapter Neca-Ibew Retirement Plan reported $1,141,665 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,417 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 3 years on file its reported administrative ratio has held roughly steady near 0.402%. 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 17th-largest of 456 plans among Arkansas employers on file, and the 231st of 5,337 in construction. active participation has grown from 1,178 to 1,436 since 2022.

Plan summary
Net assets, end of year$303,084,535
Participants with balances3,062
Active participants1,436
Employer contributions$9,214,619
Employee contributions—
Employer contribution per active participant$6,417
Average account balance$98,983
Benefits paid to participants$13,102,362
Plan auditUnmodified (clean) audit opinion
AuditorLITTLE SHANEYFELT MARSHALL & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$303.1M · 3,062 accts · $9.2M emplr
2023$265.1M · 2,795 accts · $8.3M emplr
2022$238.0M · 2,714 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,315
Investment management$913,348
Audit (IQPA)$26,000
Total administrative$1,141,665
Employer contributions to the Arkansas Chapter Neca-Ibew Retirement Plan plan · 2024
Employer contribution per active participant$6,417
Median for plans this size$4,294
2024$6,417 per active participant
2023$5,415 per active participant
2022$6,373 per active participant

Arkansas Chapter Neca-Ibew Retirement Plan'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
LUTHER KING CAPITAL MANAGEMENT · Investment management$749,943
LATHROP INVESTMENT MANAGEMENT CORP. · Investment advisory (plan)$163,405
ELLIS, TUCKER & ALDRIDGE, LLP · Accounting / audit$126,315
LITTLE SHANEYFELT MARSHALL & CO. · Accounting / audit$26,000
OVERBEY, STRIGEL, BOYD, & WESTBROOK · Legal$18,839

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$1,141,665 · 0.40%
2023$1,035,823 · 0.41%
2022$1,034,321 · 0.40%
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Source: U.S. Department of Labor, Form 5500 series, EIN 710507555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.