Ibew Local Union 481 Defined ContributionProfit-sharing plan

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

Ibew Local Union 481 Defined Contribution reported $646,559 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,290 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 3 years on file its reported administrative ratio has held roughly steady near 0.230%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 56th-largest of 1,562 plans among Indiana employers on file, and the 236th of 5,337 in construction. In 2024, the employer put in $67.00 for every $1.00 employees contributed themselves; active participation has grown from 2,820 to 3,110 since 2022.