Ibew Local Union No 226401(k)

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

Ibew Local Union No 226 reported $122,744 in plan administrative expenses for 2024: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,736 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 1.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kansas (438th of 828), and the 1,481st of 3,341 in other services. In 2024, the employer put in $4.47 for every $1.00 employees contributed themselves; active participation has grown from 643 to 843 since 2022.