Plan Ledger DOL Form 5500 · updated monthly

Bd of Tees Neca 313 Ibew Def Income PlanProfit-sharing plan

NECA LU NO 313 IBEW DEFERRED INCOME PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Bd of Tees Neca 313 Ibew Def Income Plan reported $1,225,677 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,927 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 rose from 0.11% to 0.57%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 260th-largest of 3,651 plans among Pennsylvania employers on file, and the 300th of 5,337 in construction.

Plan summary
Net assets, end of year$225,752,837
Participants with balances925
Active participants1,366
Employer contributions$10,828,354
Employee contributions—
Employer contribution per active participant$7,927
Average account balance$244,057
Benefits paid to participants$15,504,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$225.8M · 925 accts · $10.8M emplr
2023$201.6M · 938 accts · $10.2M emplr
2022$169.5M · 939 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$281,426
Investment management$50,000
Audit (IQPA)$14,079
Trustee / custodial$575
Total administrative$1,225,677
Employer contributions to the Bd of Tees Neca 313 Ibew Def Income Plan plan · 2024
Employer contribution per active participant$7,927
Median for plans this size$3,635
2024$7,927 per active participant
2023$7,461 per active participant
2022$6,568 per active participant

Bd of Tees Neca 313 Ibew Def Income Plan's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
THE VANGUARD GROUP · Recordkeeping · Custodial (securities)$222,582
ZENITH · Contract administrator$57,541
RBC WEALTH MGMT · Investment advisory (plan)$50,000
DANIEL A. WINTERS & COMPANY · Accounting / audit$14,079
J.A MARIANO AGENCY, INC · Insurance broker$10,570

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,225,677 · 0.57%
2023$277,966 · 0.15%
2022$214,308 · 0.11%
Similar plansConstruction · Pennsylvania
Allan Myers, Inc. PA$239.9M · 0.09%
Kinsley Enterprises, Inc. PA$218.1M · 0.18%
Kinsley Construction, Inc. PA$197.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510285774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.