Plan Ledger DOL Form 5500 · updated monthly

Trustees Under Ibew 150 Supplemental Pension FundProfit-sharing plan

IBEW LOCAL 150 SUPPLEMENTAL PENSION FUND · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Trustees Under Ibew 150 Supplemental Pension Fund reported $215,258 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $10,185 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 27th-largest of 871 plans among Kentucky employers on file, and the 437th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$310,202,525
Participants with balances1,372
Active participants1,372
Employer contributions$13,973,252
Employee contributions—
Employer contribution per active participant$10,185
Average account balance$226,095
Benefits paid to participants$14,452,850
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$310.2M · 1,372 accts · $14.0M emplr
2023$278.8M · 1,368 accts · $12.5M emplr
2022$247.2M · 1,293 accts · $11.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,708
Investment management$50,000
Audit (IQPA)$19,212
Total administrative$215,258
Employer contributions to the Trustees Under Ibew 150 Supplemental Pension Fund plan · 2024
Employer contribution per active participant$10,185
Median for plans this size$4,294
2024$10,185 per active participant
2023$9,122 per active participant
2022$9,142 per active participant

Trustees Under Ibew 150 Supplemental Pension Fund'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 · 20247
STRATEGIC CAPITAL INVESTMENT ADVISO · Investment advisory (plan)$50,000
REINHART BOERNER VAN DEUREN S.C. · Legal$46,881
TIC INTL CORP · Contract administrator$23,999
UNITED HEALTHCARE · Contract administrator$19,810
IBEW LOCAL UNION 150 · Other services$19,247
CALIBRE CPA GROUP, PLLC · Accounting / audit$19,212
JOHN HANCOCK RETIREMENT SERVICES · Custodial (securities)$7,784

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

Administrative cost history3
2024$215,258 · 0.07%
2023$229,185 · 0.09%
2022$210,051 · 0.09%
Similar plansFinance & Insurance · Kentucky
Humana Inc. KY$7.7B · 0.03%
Mvp Service Corp. NY$311.9M · 0.04%
Walker & Dunlop, LLC MD$311.3M · 0.07%
Allspring Buyer LLC NC$310.4M · 0.03%
Drw Holdings, LLC IL$309.8M · 0.02%
Odyssey Reinsurance Company CT$309.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364446184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.