Board of Trustees of Ibew Local Union No. 520 Annuity Trust Fund401(k)

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

Board of Trustees of Ibew Local Union No. 520 Annuity Trust Fund reported $890,616 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,698 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 0.69%. 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 13th-largest of 290 plans among New Mexico employers on file, and the 472nd of 5,337 in construction. In 2024, the employer put in $8.71 for every $1.00 employees contributed themselves; active participation has grown from 3,818 to 4,484 since 2022.