Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees for the Ibew 141 Profit Sharing PlanProfit-sharing plan

INT BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 141 PROFIT SHARING PLAN · WHEELING, WV · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Board of Trustees for the Ibew 141 Profit Sharing Plan reported $889,203 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $18,108 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 0.82%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 20th-largest of 265 plans among West Virginia employers on file, and the 174th of 3,341 in other services.

Plan summary
Net assets, end of year$113,436,188
Participants with balances542
Active participants233
Employer contributions$4,219,189
Employee contributions—
Employer contribution per active participant$18,108
Average account balance$209,292
Benefits paid to participants$4,809,908
Plan auditUnmodified (clean) audit opinion
AuditorKOZICKI HUGHES TICKERHOOF PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$113.4M · 542 accts · $4.2M emplr
2023$104.1M · 577 accts · $3.7M emplr
2022$93.3M · 520 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Investment management$724,205
Total administrative$889,203
Employer contributions to the Board of Trustees for the Ibew 141 Profit Sharing Plan plan · 2024
Employer contribution per active participant$18,108
Median for plans this size$3,635
2024$18,108 per active participant
2023$13,073 per active participant
2022$16,838 per active participant

Board of Trustees for the Ibew 141 Profit Sharing 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 · 20249
BENEFIT SOLUTIONS INC · Recordkeeping$30,938
JP MORGAN INVESTMENT MANAGEMENT · Trustee (directed)$677,310
AMERICAN BENEFIT CORP · Plan administrator · Insurance services$52,958
FIFTH THIRD BANK · Custodial (securities)$31,323
KOZICKI HUGHES TICKERHOOF, PLLC · Accounting / audit$20,000
GALLAGHER FIDUCIARY ADVISORS · Pension consulting$17,500
IBEW LOCAL UNION 141$13,768
INTERNATIONAL FOUNDATION OF EBP$13,765
MACALA & PIATT, LLC · Legal$13,391

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

Recordkeeper by year2
2024BENEFIT SOLUTIONS INC
2023BENEFIT SOLUTIONS INC

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

Administrative cost history3
2024$889,203 · 0.82%
2023$802,270 · 0.81%
2022$796,753 · 0.79%
Similar plansOther Services · West Virginia
Flexprint, LLC AZ$113.5M · 0.20%
The W.K. Kellogg Foundation MI$113.1M · 0.00%
Human Rights Watch, Inc. NY$110.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205981161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.