Plan Ledger DOL Form 5500 · updated monthly

Ibew Local No. 82 401 K Plan Electrical Workers Local No. 82401(k)

IBEW LOCAL NO. 82 401 K PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.67%

Ibew Local No. 82 401 K Plan Electrical Workers Local No. 82 reported $81,948 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. 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 0.79% to 0.67%. 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 among the smaller plans on file in Pennsylvania (2,057th of 3,651), and 2,730th of 5,337 in construction.

Plan summary
Net assets, end of year$12,571,572
Participants with balances188
Active participants167
Employer contributions—
Employee contributions$845,740
Employer contribution per active participant—
Average account balance$66,870
Benefits paid to participants$1,669,172
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 188 accts
2023$12.0M · 180 accts
2022$10.9M · 179 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,944
Investment management$6,953
Audit (IQPA)$19,946
Total administrative$81,948
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 · 20242
ZENITH AMERICAN SOLUTIONS, INC. · Claims processing$48,620
CLARK, SCHAEFER, HACKETT & CO. · Accounting / audit$19,946

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$81,948 · 0.67%
2023$80,080 · 0.70%
2022$81,945 · 0.79%
Similar plansConstruction · Pennsylvania
McCarl's LLC PA$13.2M · 0.06%
Mve Group, Inc. PA$12.4M · 0.33%
Eda Roofing, Inc. PA$12.4M · 0.61%
Sargent Electric Company PA$12.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310329975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.