Plan Ledger DOL Form 5500 · updated monthly

Ibew LU-1141 Pension Trust401(k)

SUPPLEMENTAL PENSION/401(K) PLAN TO IBEW LU 1141 RETIREMENT AND 401(K) PLAN · OKLAHOMA CITY, OR · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ibew LU-1141 Pension Trust reported $255,242 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,422 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 rose from 0.02% to 0.14%. 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 61st-largest of 1,021 plans among Oregon employers on file, and the 365th of 5,337 in construction. In 2024, the employer put in $4.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$188,666,287
Participants with balances2,196
Active participants1,944
Employer contributions$10,541,057
Employee contributions$2,575,588
Employer contribution per active participant$5,422
Average account balance$85,914
Benefits paid to participants$8,997,903
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$188.7M · 2,196 accts · $10.5M emplr
2023$169.5M · 2,151 accts · $9.9M emplr
2022$144.3M · 1,897 accts · $8.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,101
Investment management$116,141
Total administrative$255,242
The Ibew LU-1141 Pension Trust 401(k) match · 2024
Employer contribution per active participant$5,422
Median for plans this size$3,635
2024$5,422 per active participant
2023$4,483 per active participant
2022$4,314 per active participant

Ibew LU-1141 Pension Trust'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.

Service providers · 20245
THE SUPPLEMENTAL PENION 401(K) PLAN · Contract administrator$109,101
ARGENT RETIREMENT PLAN ADVISORS LLC · Investment advisory (plan)$90,466
CAPSTONE RETIREMENT SERVICES LLC · Contract administrator$29,500
EMPOWER ADVISORY GROUP, LLC · Investment management$25,675

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$255,242 · 0.14%
2023$109,978 · 0.07%
2022$34,733 · 0.02%
Similar plansConstruction · Oregon
Hoffman Corporation OR$205.9M · 0.00%
Walsh Construction Co. OR$158.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 736109391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.