Board of Trustees, Local 191 I.B.E.W. Money PurchaseMoney purchase plan
LOCAL 191 I.B.E.W. MONEY PURCHASE PLAN · BOTHELL, WA · plan year 2024
Reported admin expense ratio · 2024
0.47%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees, Local 191 I.B.E.W. Money Purchase reported $1,069,771 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,052 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 0.62% to 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 94th-largest of 1,714 plans among Washington employers on file, and the 518th of 4,798 in finance & insurance. In 2024, the employer put in $15015.30 for every $1.00 employees contributed themselves.
Plan summary
Net assets, end of year$237,382,477
Participants with balances4,235
Active participants4,177
Employer contributions$12,747,993
Employee contributions$849
Employer contribution per active participant$3,052
Employer contributions to the Board of Trustees, Local 191 I.B.E.W. Money Purchase plan · 2024
Employer contribution per active participant$3,052
Median for plans this size$3,635
2024$3,052 per active participant
2023$2,469 per active participant
2022$2,257 per active participant
Board of Trustees, Local 191 I.B.E.W. Money Purchase'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 · 202412
ZENITH AMERICAN SOLUTIONS · Contract administrator · Recordkeeping$253,076
WASHINGTON CAPITAL MANAGEMENT, INC. · Investment management$162,317
ULLICO INVESTMENT ADVISORS INC. · Investment management$148,230
ALAN D. BILLER & ASSOCIATES, INC. · Investment advisory (plan)$90,000
ARROWSTREET CAPITAL · Investment management$76,681
JP MORGAN CHASE BANK, N.A. · Trustee (discretionary) · Investment advisory (plan)$73,496
BARLOW & COUGHRAN PS · Legal$41,516
LOOMIS SAYLES & COMPANY LP · Investment management$35,371
NECA STAR UNION DATA SYSTEMS · Other services$33,697
WITHUM SMITH+BROWN · Accounting / audit$30,729
MILLER KAPLAN ARASE LLP · Accounting / audit$21,300
WELLS FARGO · Other services$11,392
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Source: U.S. Department of Labor, Form 5500 series, EIN 911176302 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.