Plan Ledger DOL Form 5500 · updated monthly

I.B.E.W. Local 855 Defined Contribution Pension Trust FundProfit-sharing plan

I.B.E.W. LOCAL 855 DEFINED CONTRIBUTION PENSION PLAN & TRUST · MUNCIE, IN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

I.B.E.W. Local 855 Defined Contribution Pension Trust Fund reported $104,238 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $4,012 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 0.50% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 489th-largest of 1,562 plans among Indiana employers on file, and the 1,767th of 5,337 in construction. active participation has grown from 248 to 296 since 2022.

Plan summary
Net assets, end of year$24,442,973
Participants with balances537
Active participants296
Employer contributions$1,187,601
Employee contributions—
Employer contribution per active participant$4,012
Average account balance$45,518
Benefits paid to participants$2,024,905
Plan auditUnmodified (clean) audit opinion
AuditorWHITINGER & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 537 accts · $1.2M emplr
2023$21.7M · 1,354 accts · $1.1M emplr
2022$18.4M · 1,286 accts · $685K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,506
Investment management$37,039
Audit (IQPA)$17,500
Trustee / custodial$384
Total administrative$104,238
Employer contributions to the I.B.E.W. Local 855 Defined Contribution Pension Trust Fund plan · 2024
Employer contribution per active participant$4,012
Median for plans this size$2,416
2024$4,012 per active participant
2023$962 per active participant
2022$2,762 per active participant

I.B.E.W. Local 855 Defined Contribution Pension Trust Fund's 2024 employer contribution ran above 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.

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 · 20247
HEALTHSCOPE BENEFITS, INC · Plan administrator · Recordkeeping$14,506
PROCOURSE FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$25,000
WHITINGER & COMPANY, LLC · Accounting / audit$17,500
PNC BANK · Custodial (securities)$12,039
LEDBETTER PARTNERS LLC · Legal$10,998
LM HENDERSON & COMPANY, LLP · Accounting / audit$8,850
ACRISURE LLC DBA UNITED INSURANCE · Insurance services$8,143

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

Recordkeeper by year2
2024HEALTHSCOPE BENEFITS, INC
2023HEALTHSCOPE BENEFITS, INC

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

Administrative cost history3
2024$104,238 · 0.45%
2023$101,232 · 0.50%
2022$104,503 · 0.50%
Similar plansConstruction · Indiana
Koetter Woodworking, Inc. IN$28.4M · 0.27%
Electricom LLC IN$26.5M · 0.29%
Ryan Fireprotection, Inc. IN$24.4M · 0.37%
Custom Concrete Co., Inc IN$22.7M · 0.26%
R.T. Moore Co. Inc. IN$22.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351450886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.