Board of Trustees Iuoe Local 478 Annuity Fund401(k)

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

Board of Trustees Iuoe Local 478 Annuity Fund reported $1,084,997 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,750 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 0.302%. 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 67th-largest of 1,106 plans among Connecticut employers on file, and the 190th of 5,337 in construction. In 2024, the employer put in $5.23 for every $1.00 employees contributed themselves; active participation has shrunk from 4,723 to 3,617 since 2022.