Trustees Electrical Workers Local 242 401(K) Plan401(k)
ELECTRICAL WORKERS LOCAL 242 401(K) PLAN · DULUTH, MN · plan year 2024
Trustees Electrical Workers Local 242 401(K) Plan reported $66,712 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. 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 fell from 0.28% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 727th-largest of 1,918 plans among Minnesota employers on file, and the 1,608th of 5,337 in construction.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 411972744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.