Plan Ledger DOL Form 5500 · updated monthly

Ibew Local No. 82 Defined Contribution PlanMoney purchase plan

IBEW LOCAL NO. 82 DEFINED CONTRIBUTION PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Ibew Local No. 82 Defined Contribution Plan reported $293,334 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,271 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 0.40% to 0.32%. 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 480th-largest of 3,651 plans among Pennsylvania employers on file, and the 625th of 5,337 in construction. active participation has grown from 937 to 1,037 since 2022.

Plan summary
Net assets, end of year$97,791,875
Participants with balances1,153
Active participants1,037
Employer contributions$6,502,824
Employee contributions—
Employer contribution per active participant$6,271
Average account balance$84,815
Benefits paid to participants$4,870,747
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.8M · 1,153 accts · $6.5M emplr
2023$86.3M · 1,058 accts · $5.1M emplr
2022$76.0M · 1,050 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,016
Investment management$50,103
Audit (IQPA)$30,630
Total administrative$293,334
Employer contributions to the Ibew Local No. 82 Defined Contribution Plan plan · 2024
Employer contribution per active participant$6,271
Median for plans this size$3,635
2024$6,271 per active participant
2023$5,382 per active participant
2022$4,775 per active participant

Ibew Local No. 82 Defined Contribution Plan'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 · 20245
ZENITH AMERICAN SOLUTIONS, INC. · Claims processing$159,661
DOVER CONSULTING · Investment advisory (plan)$35,153
CLARK, SCHAEFER, HACKETT & CO. · Accounting / audit$30,629
FIDELITY · Contract administrator$11,250
LEDBETTER, PARISI LLC · Legal$5,029

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$293,334 · 0.32%
2023$278,964 · 0.34%
2022$287,322 · 0.40%
Similar plansConstruction · Pennsylvania
Wagman Inc. PA$93.5M · 0.07%
Edwin L. Heim Company PA$88.2M · 0.15%
Irex Corporation PA$84.0M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311119203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.