Plan Ledger DOL Form 5500 · updated monthly

Neca Local 145 I.B.E.W Annuity and ProfiDC plan

NECA LOCAL 145 IBEW ANNUITY AND PROFIT SHARING PLA · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Neca Local 145 I.B.E.W Annuity and Profi reported $82,122 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,708 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 0.052%. 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 392nd-largest of 3,702 plans among Illinois employers on file, and the 415th of 5,337 in construction.

Plan summary
Net assets, end of year$161,709,772
Participants with balances1,299
Active participants1,161
Employer contributions$8,949,304
Employee contributions—
Employer contribution per active participant$7,708
Average account balance$124,488
Benefits paid to participants$8,188,278
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.7M · 1,299 accts · $8.9M emplr
2023$152.6M · 1,250 accts · $8.7M emplr
2022$129.1M · 1,253 accts · $8.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,537
Investment management$5,500
Audit (IQPA)$10,815
Trustee / custodial$113
Total administrative$82,122
Employer contributions to the Neca Local 145 I.B.E.W Annuity and Profi plan · 2024
Employer contribution per active participant$7,708
Median for plans this size$3,635
2024$7,708 per active participant
2023$7,899 per active participant
2022$7,497 per active participant

Neca Local 145 I.B.E.W Annuity and Profi's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
RJ LEE LLC · Plan administrator$36,065
CALIBRE CPA GROUP, PLLC · Accounting / audit$10,750
MCCARTHY CALLAS & FEENEY PC · Legal$7,444
INVESTMENT CONSULTING GROUP · Investment advisory (plan)$5,500

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$82,122 · 0.05%
2023$87,636 · 0.06%
2022$66,540 · 0.05%
Similar plansConstruction · Illinois
The Pepper Companies, Inc. IL$164.6M · 0.18%
Heritage-Crystal Clean, LLC IL$121.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363730534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.