Ibew Local Union 668Money purchase plan
IBEW LOCAL UNION 668 EMPLOYEES PENSION PLAN · LAFAYETTE, IN · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Ibew Local Union 668 reported $189,080 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,157 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 construction employers. By assets it is the 158th-largest of 1,562 plans among Indiana employers on file, and the 633rd of 5,337 in construction. active participation has grown from 1,162 to 1,317 since 2022.
Ibew Local Union 668's 2024 employer contribution ran below 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 311252733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.