Bd of Trustees for Electrical Wkrs Loc No. 26 Individual Account FundDC plan
BOARD OF ELECTRICAL WORKERS LOCAL #26 I.A. INDIVIDUAL ACCOUNT PLAN · LANHAM, MD · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Bd of Trustees for Electrical Wkrs Loc No. 26 Individual Account Fund reported $1,846,801 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,937 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 0.12% to 0.15%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 16th-largest of 1,671 plans among Maryland employers on file, and the 41st of 5,337 in construction.
Bd of Trustees for Electrical Wkrs Loc No. 26 Individual Account Fund's 2024 employer contribution ran below the $5,259 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 521250801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.