National Elevator Industry Office Employees Pension Plan401(k)
NATIONAL ELEVATOR INDUSTRY FUND OFFICE EMPLOYEES 401(K) PLAN · NEWTOWN SQUARE, PA · plan year 2024
National Elevator Industry Office Employees Pension Plan's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $23,956,711 across 139 participant accounts, with employer contributions averaging $4,057 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,384th-largest of 3,651 plans among Pennsylvania employers on file, and 2,765th of 4,798 in finance & insurance. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has shrunk from 121 to 106 since 2022.
National Elevator Industry Office Employees Pension Plan's 2024 employer contribution ran above the $2,416 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 232624860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.