Plan Ledger DOL Form 5500 · updated monthly

Electrical Workers Local 369 Retirement FundDC plan

ELECTRICAL WORKERS LOCAL 369 RETIREMENT FUND · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Electrical Workers Local 369 Retirement Fund reported $462,538 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $10,404 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 4 years on file its reported administrative ratio fell from 0.15% to 0.09%. 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 17th-largest of 871 plans among Kentucky employers on file, and the 124th of 5,337 in construction. active participation has grown from 3,354 to 4,037 since 2020.

Plan summary
Net assets, end of year$548,714,392
Participants with balances4,201
Active participants4,037
Employer contributions$42,002,294
Employee contributions—
Employer contribution per active participant$10,404
Average account balance$130,615
Benefits paid to participants$44,861,142
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$548.7M · 4,201 accts · $42.0M emplr
2023$488.5M · 3,779 accts · $30.9M emplr
2022$418.3M · 3,434 accts · $23.2M emplr
2021$498.9M · 3,268 accts · $20.1M emplr
2020$452.5M · 3,259 accts · $17.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,955
Investment management$55,250
Audit (IQPA)$34,000
Total administrative$462,538
Employer contributions to the Electrical Workers Local 369 Retirement Fund plan · 2024
Employer contribution per active participant$10,404
Median for plans this size$4,294
2024$10,404 per active participant
2023$8,500 per active participant
2022$6,999 per active participant
2021$5,862 per active participant
2020$5,261 per active participant

Electrical Workers Local 369 Retirement Fund's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20246
EMPOWER LIFE & ANNUITY INS CO OF NY · Contract administrator · Recordkeeping$46,955
SEGAL MARCO ADVISORS · Investment advisory (plan)$55,250
LEDBETTER PARISI, LLC · Legal$39,428
CHERRY BEKAERT LLP · Accounting / audit$34,000
THE SEGAL COMPANY · Consulting$31,295
BRIDGEWAY BENEFIT TECHNOLOGIES · Consulting$7,582

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history5
2024$462,538 · 0.09%
2023$529,487 · 0.12%
2022$581,926 · 0.13%
2021$655,166 · 0.14%
2020$652,647 · 0.15%
Similar plansConstruction · Kentucky
Turner Industries Group, LLC LA$546.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610957563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.