Ibew Local No. 915 Pension-Annuity FundMoney purchase plan
IBEW LOCAL UNION NO. 915 PENSION-ANNUITY FUND · GOODLETTSVILLE, TN · plan year 2024
Reported admin expense ratio · 2024
0.21%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Ibew Local No. 915 Pension-Annuity Fund reported $221,890 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,822 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 0.24% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 149th-largest of 1,496 plans among Tennessee employers on file, and the 902nd of 4,798 in finance & insurance.
Plan summary
Net assets, end of year$114,981,712
Participants with balances1,919
Active participants1,919
Employer contributions$7,335,206
Employee contributions—
Employer contribution per active participant$3,822
Average account balance$59,918
Benefits paid to participants$5,172,914
Plan auditUnmodified (clean) audit opinion
AuditorSTEVEN D EISENBERG CPA, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$115.0M · 1,919 accts · $7.3M emplr
2023$98.1M · 1,864 accts · $6.3M emplr
2022$84.9M · 1,819 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,930
Investment management$104,495
Audit (IQPA)$16,872
Trustee / custodial$9,186
Total administrative$221,890
Employer contributions to the Ibew Local No. 915 Pension-Annuity Fund plan · 2024
Employer contribution per active participant$3,822
Median for plans this size$3,635
2024$3,822 per active participant
2023$3,380 per active participant
2022$3,310 per active participant
Ibew Local No. 915 Pension-Annuity Fund'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.
Source: U.S. Department of Labor, Form 5500 series, EIN 596518568 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.