Board of Trustees of I.B.E.W. Local 25 401K Fund401(k)
I. B. E. W. LOCAL 25 401K FUND · HAUPPAUGE, NY · plan year 2024
Reported admin expense ratio · 2024
0.33%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of I.B.E.W. Local 25 401K Fund reported $1,366,193 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,951 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 0.332%. 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 252nd-largest of 5,648 plans among New York employers on file, and the 167th of 5,337 in construction. In 2024, employees put in $2.99 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$428,434,277
Participants with balances2,902
Active participants2,394
Employer contributions$4,670,753
Employee contributions$13,962,683
Employer contribution per active participant$1,951
The Board of Trustees of I.B.E.W. Local 25 401K Fund 401(k) match · 2024
Employer contribution per active participant$1,951
Median for plans this size$4,294
2024$1,951 per active participant
2023$1,854 per active participant
2022$1,806 per active participant
Board of Trustees of I.B.E.W. Local 25 401K Fund's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
NATIONAL INVESTMENT SERVICES · Investment management$143,573
BANK OF NEW YORK MELLON · Custodial (securities) · Investment management$134,846
Source: U.S. Department of Labor, Form 5500 series, EIN 112744709 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.