Plan Ledger DOL Form 5500 · updated monthly

I.B.E.W. Local #81 Annuity Fund Joint Board of TrusteesDC plan

ELECTRICIANS ANNUITY FUND LOCAL 81 · SCRANTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

I.B.E.W. Local #81 Annuity Fund Joint Board of Trustees reported $121,257 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $11,652 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 0.12% to 0.10%. 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 411th-largest of 3,651 plans among Pennsylvania employers on file, and the 522nd of 5,337 in construction.

Plan summary
Net assets, end of year$123,090,248
Participants with balances549
Active participants506
Employer contributions$5,895,743
Employee contributions—
Employer contribution per active participant$11,652
Average account balance$224,208
Benefits paid to participants$3,852,330
Plan auditUnmodified (clean) audit opinion
AuditorMMQ & ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$123.1M · 549 accts · $5.9M emplr
2023$111.8M · 543 accts · $5.3M emplr
2022$94.1M · 555 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,718
Investment management$32,229
Audit (IQPA)$13,400
Total administrative$121,257
Employer contributions to the I.B.E.W. Local #81 Annuity Fund Joint Board of Trustees plan · 2024
Employer contribution per active participant$11,652
Median for plans this size$3,635
2024$11,652 per active participant
2023$10,501 per active participant
2022$10,283 per active participant

I.B.E.W. Local #81 Annuity Fund Joint Board of Trustees's 2024 employer contribution ran above the $3,635 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$32,229
FABIAN & BYRN LLC · Contract administrator$25,718
KANG HAGGERTY LLC · Legal$21,229
MMQ & ASSOCIATES P.C. · Accounting / audit$13,400
MERANZE KATZ AND GAUDIOSO PC · Legal$13,000

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 history3
2024$121,257 · 0.10%
2023$118,970 · 0.12%
2022$111,441 · 0.12%
Similar plansConstruction · Pennsylvania
Dvl Group, Inc. PA$134.9M · 0.01%
J. D. Eckman, Inc. PA$132.6M · 0.12%
Wagman Inc. PA$93.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 236535432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.