Plan Ledger DOL Form 5500 · updated monthly

Ibew Local 683 Board of Trustees401(k)

IBEW LOCAL 683 PROFIT SHARING ANNUITY PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Ibew Local 683 Board of Trustees reported $273,199 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,299 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 0.14% to 0.12%. 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 97th-largest of 1,393 plans among Missouri employers on file, and the 270th of 5,337 in construction. In 2024, the employer put in $4.05 for every $1.00 employees contributed themselves; active participation has grown from 2,422 to 3,539 since 2022.

Plan summary
Net assets, end of year$247,844,781
Participants with balances4,239
Active participants3,539
Employer contributions$15,215,584
Employee contributions$3,757,435
Employer contribution per active participant$4,299
Average account balance$58,468
Benefits paid to participants$15,095,098
Plan auditUnmodified (clean) audit opinion
AuditorDGPERRY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$247.8M · 4,239 accts · $15.2M emplr
2023$215.4M · 3,808 accts · $11.8M emplr
2022$183.5M · 3,649 accts · $9.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,064
Investment management$75,000
Audit (IQPA)$24,517
Total administrative$273,199
The Ibew Local 683 Board of Trustees 401(k) match · 2024
Employer contribution per active participant$4,299
Median for plans this size$3,635
2024$4,299 per active participant
2023$4,109 per active participant
2022$4,023 per active participant

Ibew Local 683 Board of Trustees's 2024 employer contribution ran above the $3,635 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
SEGAL MARCO ADVISORS · Investment advisory (plan)$75,000
IBEW NECA SERVICE CENTER · Plan administrator$61,738
ALLOTTA FARLEY CO, LPA · Legal$29,572
SEGAL SELECT INSURANCE · Insurance broker$26,145
TIC MIDWEST · Plan administrator$25,361
DGPERRY, PLLC · Accounting / audit$24,517
FIDELITY INVESTMENT INST.OPER.CO. · Loan processing$17,350

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$273,199 · 0.12%
2023$265,248 · 0.13%
2022$268,480 · 0.14%
Similar plansConstruction · Missouri
Arco Business Services, Inc. MO$196.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341442087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.