Plan Ledger DOL Form 5500 · updated monthly

Ibew 143 Benefit Funds-Annuity FundProfit-sharing plan

IBEW LOCAL 143 ANNUITY PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Ibew 143 Benefit Funds-Annuity Fund reported $179,633 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,272 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 0.30% to 0.27%. 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 619th-largest of 3,651 plans among Pennsylvania employers on file, and the 822nd of 5,337 in construction.

Plan summary
Net assets, end of year$70,850,135
Participants with balances526
Active participants379
Employer contributions$3,892,951
Employee contributions—
Employer contribution per active participant$10,272
Average account balance$134,696
Benefits paid to participants$3,178,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.9M · 526 accts · $3.9M emplr
2023$61.2M · 516 accts · $4.3M emplr
2022$50.8M · 499 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,520
Audit (IQPA)$17,022
Total administrative$179,633
Employer contributions to the Ibew 143 Benefit Funds-Annuity Fund plan · 2024
Employer contribution per active participant$10,272
Median for plans this size$3,635
2024$10,272 per active participant
2023$11,768 per active participant
2022$9,327 per active participant

Ibew 143 Benefit Funds-Annuity Fund'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
D H EVANS TPA LLC DBA PATH ADMIN · Contract administrator$119,520
PACKER THOMAS · Accounting / audit$17,022
WILLIG, WILLIAMS & DAVIDSON · Legal$15,172
SEGAL SELECT INSURANCE SERVICES · Insurance services$12,407
MORNINGSTAR · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$179,633 · 0.27%
2023$165,478 · 0.30%
2022$167,274 · 0.30%
Similar plansConstruction · Pennsylvania
Worth & Company, Inc. PA$80.9M · 0.35%
Iron Workers Local 404 PA$75.3M · 0.32%
The Tri-M Group, LLC PA$72.8M · 0.27%
West Shore Home, LLC PA$62.2M · 0.78%
Sauer Holdings, Inc. PA$54.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232520680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.