Board of Trustees of the Ibew Local No. 716 Retirement Trust Fund401(k)

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

Board of Trustees of the Ibew Local No. 716 Retirement Trust Fund reported $482,822 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $755 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 0.46% to 0.39%. 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 513th-largest of 5,688 plans among Texas employers on file, and the 491st of 5,337 in construction. In 2024, the employer put in $2.71 for every $1.00 employees contributed themselves; active participation has grown from 4,760 to 5,375 since 2022.