Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P retirement plan: assets, participants and fees
What Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Stephens Valuation Systems | Schedule C ↗ |
| Independent auditor | Edwards and Leathers, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P: employer contribution per participant | $1,016 | |
| Peer median | $2,361 |
| Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P: average balance | $50,148 | |
| Peer median | $60,193 |
| Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P: admin expenses ÷ assets | 0.50% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $24.6M at the end of plan year 2021 to $28.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 569 | $28.5M | $578K | $1,016 | 0.50% | Not published | Form 5500 ↗ |
| 2023 | 649 | $25.2M | $453K | $776 | 1.00% | Not published | Form 5500 ↗ |
| 2022 | 533 | $21.7M | $322K | $604 | 1.53% | Not published | Form 5500 ↗ |
| 2021 | 498 | $24.6M | $530K | $1,103 | 1.01% | Not published | Form 5500 ↗ |
Common questions
Does Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P match 401(k) contributions?
The match terms for the Asbestos Workers Local No. 87 Defined Contribution Plan have not been published from its filing yet. The plan year 2024 filing reports $578K in employer contributions, about $1,016 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P 401(k) match vested?
The vesting schedule for the Asbestos Workers Local No. 87 Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Stephens Valuation Systems. The plan administrator is Benefit Resources, Inc..
I left Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Benefit Resources, Inc., (713) 643-9300) or the recordkeeper, Stephens Valuation Systems. The Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P old 401(k) page lists the contacts from every plan filing. Find an old Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P 401(k)
Data from the public Form 5500 annual reports Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Board of Trustees Asbestos Workers Local No. 87 Defined Contribution P. Not financial advice. Report a correction · Methodology