Plan Ledger DOL Form 5500 · updated monthly

Local Union No. 4, Ibew401(k)

LOCAL UNION NO. 4, IBEW PENSION PLAN · SAINT LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Local Union No. 4, Ibew reported $132,263 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,819 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 0.253%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 298th-largest of 1,393 plans among Missouri employers on file, and the 479th of 2,199 in information & media. In 2024, the employer put in $6.98 for every $1.00 employees contributed themselves; active participation has grown from 512 to 632 since 2022.

Plan summary
Net assets, end of year$55,494,094
Participants with balances759
Active participants632
Employer contributions$1,149,292
Employee contributions$164,763
Employer contribution per active participant$1,819
Average account balance$73,115
Benefits paid to participants$2,556,116
Plan auditUnmodified (clean) audit opinion
AuditorGRABEL, SCHNIEDERS, HOLLMAN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$55.5M · 759 accts · $1.1M emplr
2023$49.0M · 707 accts · $1.2M emplr
2022$43.6M · 595 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,048
Investment management$92,235
Audit (IQPA)$7,521
Total administrative$132,263
The Local Union No. 4, Ibew 401(k) match · 2024
Employer contribution per active participant$1,819
Median for plans this size$3,635
2024$1,819 per active participant
2023$2,030 per active participant
2022$2,121 per active participant

Local Union No. 4, Ibew's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20244
EKON BENEFITS · Recordkeeping · Consulting$20,046
EKON ADVISORS · Investment advisory (plan)$92,235
INVESCO NATIONAL TRUST COMPANY$9,306
GRABEL, SCHNEIDERS, HOLLMAN & CO · Accounting / audit$7,521

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

Recordkeeper by year2
2024EKON BENEFITS
2023EKON BENEFITS

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Administrative cost history3
2024$132,263 · 0.25%
2023$125,771 · 0.27%
2022$121,624 · 0.25%
Similar plansInformation & Media · Missouri
News-Press & Gazette Company MO$104.4M · 0.26%
Tierpoint, LLC MO$82.9M · 0.38%
Swank Motion Pictures, Inc. MO$33.2M · 0.40%
Connectria, LLC MO$21.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 436031009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.