Trustees of I.B.E.W. Local Union No 479 Annuity 401K Plan401(k)

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

Trustees of I.B.E.W. Local Union No 479 Annuity 401K Plan reported $367,705 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,773 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 fell from 0.61% to 0.53%. 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 829th-largest of 5,688 plans among Texas employers on file, and the 818th of 5,337 in construction. In 2024, the employer put in $5.31 for every $1.00 employees contributed themselves; active participation has grown from 1,190 to 1,316 since 2022.