Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees for Electrical Workers Dc Plan for N. NV.DC plan

ELECTRICAL WORKERS DEFINED CONTRIBUTION PLAN FOR N. NV. · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Board of Trustees for Electrical Workers Dc Plan for N. NV. reported $243,809 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $6,011 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 0.28% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 26th-largest of 437 plans among Nevada employers on file, and the 820th of 4,798 in finance & insurance. active participation has grown from 1,585 to 2,140 since 2022.

Plan summary
Net assets, end of year$128,297,313
Participants with balances2,140
Active participants2,140
Employer contributions$12,864,504
Employee contributions—
Employer contribution per active participant$6,011
Average account balance$59,952
Benefits paid to participants$10,119,461
Plan auditUnmodified (clean) audit opinion
AuditorCASEY NEILON, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$128.3M · 2,140 accts · $12.9M emplr
2023$114.6M · 2,096 accts · $11.1M emplr
2022$93.2M · 1,976 accts · $7.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,223
Investment management$37,500
Audit (IQPA)$34,000
Trustee / custodial$17,104
Total administrative$243,809
Employer contributions to the Board of Trustees for Electrical Workers Dc Plan for N. NV. plan · 2024
Employer contribution per active participant$6,011
Median for plans this size$3,635
2024$6,011 per active participant
2023$5,421 per active participant
2022$4,743 per active participant

Board of Trustees for Electrical Workers Dc Plan for N. NV.'s 2024 employer contribution ran above the $3,635 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
BENEFIT PLAN ADMINISTRATORS, INC. · Participant communication · Contract administrator$75,223
BERRY & CO CPA'S LTD · Accounting / audit$34,000
NEYHART, ANDERSON, FLYNN & GROSBOLL · Legal$32,198
AMALGAMATED BANK · Custodial (securities)$13,125
ANDCO CONSULTING · Pension consulting · Investment advisory (plan)$12,500

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$243,809 · 0.20%
2023$315,132 · 0.30%
2022$288,638 · 0.28%
Similar plansFinance & Insurance · Nevada
Axos Financial, Inc. NV$127.3M · 0.22%
One Nevada Credit Union NV$35.4M · 0.02%
L/P Insurance Services LLC NV$33.6M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 880138556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.