Plan Ledger DOL Form 5500 · updated monthly

Trustees of Wisconsin Neca-Ibew401(k)

WISCONSIN NECA-IBEW RETIREMENT PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Trustees of Wisconsin Neca-Ibew reported $305,867 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $10,512 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 0.08% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 49th-largest of 1,936 plans among Wisconsin employers on file, and the 91st of 5,337 in construction. In 2024, the employer put in $25.77 for every $1.00 employees contributed themselves; active participation has grown from 2,214 to 2,796 since 2022.

Plan summary
Net assets, end of year$715,237,668
Participants with balances2,856
Active participants2,796
Employer contributions$29,391,406
Employee contributions$1,140,510
Employer contribution per active participant$10,512
Average account balance$250,433
Benefits paid to participants$28,748,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$715.2M · 2,856 accts · $29.4M emplr
2023$635.9M · 2,605 accts · $26.7M emplr
2022$541.8M · 2,529 accts · $23.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,334
Investment management$21,750
Audit (IQPA)$31,967
Total administrative$305,867
The Trustees of Wisconsin Neca-Ibew 401(k) match · 2024
Employer contribution per active participant$10,512
Median for plans this size$4,294
2024$10,512 per active participant
2023$10,935 per active participant
2022$10,483 per active participant

Trustees of Wisconsin Neca-Ibew's 2024 employer contribution ran above the $4,294 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$112,651
WEEBF · Contract administrator · Plan administrator$94,050
REINHART BOERNER VAN DEUREN S.C · Legal$73,812
CLIFTONLARSONALLEN LLP · Accounting / audit$31,967
MARINER INSTITUTIONAL LLC · Investment advisory (plan)$21,750
ALLEN BATES TECHNOLOGIES, INC.$5,060

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower, WEEBF
2023Empower, Prudential, WEEBF

This plan has changed recordkeepers within these filings. If you left Trustees of Wisconsin Neca-Ibew before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$305,867 · 0.05%
2023$437,423 · 0.07%
2022$457,971 · 0.08%
Similar plansConstruction · Wisconsin
Topbuild Corp. FL$694.7M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391571911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.