Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Inland Empire Ibew-Neca Defined401(k)

INLAND EMPIRE IBEW-NECA DEFINED CONTRIBUTION PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Board of Trustees, Inland Empire Ibew-Neca Defined reported $1,084,693 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,464 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 0.59% to 0.46%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 237th-largest of 3,651 plans among Pennsylvania employers on file, and the 262nd of 5,337 in construction.

Plan summary
Net assets, end of year$253,804,744
Participants with balances3,026
Active participants6,503
Employer contributions$16,026,287
Employee contributions—
Employer contribution per active participant$2,464
Average account balance$83,875
Benefits paid to participants$9,455,682
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$253.8M · 3,026 accts · $16.0M emplr
2023$221.1M · 2,949 accts · $14.3M emplr
2022$187.8M · 2,772 accts · $14.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$493,105
Investment management$76,540
Audit (IQPA)$20,375
Total administrative$1,084,693
The Board of Trustees, Inland Empire Ibew-Neca Defined 401(k) match · 2024
Employer contribution per active participant$2,464
Median for plans this size$3,635
2024$2,464 per active participant
2023$2,276 per active participant
2022$2,329 per active participant

Board of Trustees, Inland Empire Ibew-Neca Defined's 2024 employer contribution ran below 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 · 20246
ZENITH AMERICAN SOLUTIONS, INC · Contract administrator$255,720
MILLER KAPLAN ARASE LLP · Accounting / audit$97,289
KRAW LAW GROUP · Legal$82,000
ALAN BILLER · Investment advisory (plan)$76,540
UNITED ADMINISTRATIVE SERVICES · Other services$21,263

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$1,084,693 · 0.46%
2023$1,049,199 · 0.51%
2022$1,029,903 · 0.59%
Similar plansConstruction · Pennsylvania
Pjtc Holdings, Inc. PA$320.2M · 0.04%
Allan Myers, Inc. PA$239.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471147023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.