Board of Trustees of Ibew Local 716 Pension PlanDC plan
IBEW LOCAL 716 PENSION PLAN · HOUSTON, TX · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of Ibew Local 716 Pension Plan reported $1,145,278 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,855 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 1 year on file its reported administrative ratio fell from 0.68% to 0.54%. 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 365th-largest of 5,688 plans among Texas employers on file, and the 306th of 5,337 in construction.
Board of Trustees of Ibew Local 716 Pension Plan's 2024 employer contribution ran below the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 746174676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.