Ibew Local Union No. 124Profit-sharing plan

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

Ibew Local Union No. 124 reported $513,779 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $7,167 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 0.122%. 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 70th-largest of 1,393 plans among Missouri employers on file, and the 159th of 5,337 in construction. active participation has grown from 3,387 to 3,754 since 2022.