Trustees of Ibew Local Union No. 9 and Line Clearance Contractors 401(401(k)

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

Trustees of Ibew Local Union No. 9 and Line Clearance Contractors 401( reported $432,970 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,231 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 0.71% to 0.32%. 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 207th-largest of 2,619 plans among Michigan employers on file, and the 461st of 5,337 in construction. In 2024, the employer put in $23.35 for every $1.00 employees contributed themselves; active participation has shrunk from 1,209 to 1,020 since 2022.