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
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
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.