Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Ibew Local 595 Money PurchaseMoney purchase plan

IBEW LOCAL 595 MONEY PURCHASE PENSION PLAN · PLEASANTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Board of Trustees, Ibew Local 595 Money Purchase reported $1,463,347 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,084 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 0.274%. 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 242nd-largest of 9,483 plans among California employers on file, and the 127th of 5,337 in construction.

Plan summary
Net assets, end of year$546,328,648
Participants with balances3,199
Active participants1,599
Employer contributions$14,524,931
Employee contributions—
Employer contribution per active participant$9,084
Average account balance$170,781
Benefits paid to participants$44,507,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$546.3M · 3,199 accts · $14.5M emplr
2023$523.3M · 3,265 accts · $14.5M emplr
2022$471.2M · 3,254 accts · $15.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$396,127
Investment management$641,058
Audit (IQPA)$45,220
Total administrative$1,463,347
Employer contributions to the Board of Trustees, Ibew Local 595 Money Purchase plan · 2024
Employer contribution per active participant$9,084
Median for plans this size$4,294
2024$9,084 per active participant
2023$9,012 per active participant
2022$8,730 per active participant

Board of Trustees, Ibew Local 595 Money Purchase's 2024 employer contribution ran above the $4,294 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 · 202410
DODGE AND COX · Investment management$585,059
BENESYS, INC. · Plan administrator$238,180
ELECTRICAL INDUSTRY SERVICE CORP · Plan administrator$163,127
FIDELITY INV INST OPERATIONS CO INC · Loan processing$157,947
INVESTMENT PERFORMANCE SRVCS, LLC · Consulting · Investment advisory (plan)$56,000
LEONARD CARDER, LLP · Legal$48,074
MILLER KAPLAN ARASE LLP · Accounting / audit$45,220
RAEL & LETSON · Actuarial · Pension consulting$25,585
SAN JOAQUIN & CALAVERAS CNTYS JATC · Other services$10,799
STEPHEN HORN INSURANCE SERVICES · Insurance brokerindirect comp

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$1,463,347 · 0.27%
2023$1,418,900 · 0.29%
2022$1,379,845 · 0.27%
Similar plansConstruction · California
J. F. Shea Company, Inc. CA$482.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946125583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.