Trustees of Ibew Local 309-401(K) Retirement Plan401(k)

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

Trustees of Ibew Local 309-401(K) Retirement Plan reported $83,325 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,364 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 0.51% to 0.35%. 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 1,451st-largest of 3,702 plans among Illinois employers on file, and the 1,690th of 5,337 in construction. In 2024, the employer put in $2.61 for every $1.00 employees contributed themselves; active participation has grown from 525 to 591 since 2022.