I.A.T.S.E. Local Union No 51401(k)
I.A.T.S.E. LOCAL UNION NO. 51 DEFINED CONTRIBUTION PENSION PLAN · HOUSTON, TX · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
I.A.T.S.E. Local Union No 51 reported $80,820 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,684 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 0.47% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,967th-largest of 5,688 plans among Texas employers on file, and the 418th of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $8.00 for every $1.00 employees contributed themselves; active participation has grown from 398 to 678 since 2022.
I.A.T.S.E. Local Union No 51's 2024 employer contribution ran below the $2,416 median for plans its size. 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 741389651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.