I.B.E.W. Board of Trustees for Local No 357 Pension Trust retirement plan: assets, participants and fees
What I.B.E.W. Board of Trustees for Local No 357 Pension Trust'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 | Benesys, Inc | Schedule C ↗ |
| Independent auditor | Berry & Co., Cpa'S Ltd (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 84 defined-contribution plans in construction with 5,000 to 9,999 participants.
| I.B.E.W. Board of Trustees for Local No 357 Pension Trust: employer contribution per participant | $4,217 | |
| Peer median | $2,724 |
| I.B.E.W. Board of Trustees for Local No 357 Pension Trust: average balance | $74,867 | |
| Peer median | $57,731 |
| I.B.E.W. Board of Trustees for Local No 357 Pension Trust: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.23% |
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 $481M at the end of plan year 2023 to $545M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 7,275 | $545M | $30.7M | $4,217 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 7,497 | $481M | $38.6M | $5,153 | 0.09% | Not published | Form 5500 ↗ |
Other I.B.E.W. Board of Trustees for Local No 357 Pension Trust plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
I.B.E.W. Local Union No 357 Pension Trust Fund, Plan a
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 | Benesys, Inc | Schedule C ↗ |
| Independent auditor | Berry & Co., Cpa'S Ltd (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does I.B.E.W. Board of Trustees for Local No 357 Pension Trust match 401(k) contributions?
The match terms for the I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B have not been published from its filing yet. The plan year 2024 filing reports $30.7M in employer contributions, about $4,217 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the I.B.E.W. Board of Trustees for Local No 357 Pension Trust 401(k) match vested?
The vesting schedule for the I.B.E.W. Local Union No 357 Pension Trust Fund, Plan B is not in the data published so far. Your Summary Plan Description states it.
Who manages the I.B.E.W. Board of Trustees for Local No 357 Pension Trust 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benesys, Inc. The plan administrator is I.B.E.W. Board of Trustees for Local No 357 Pension Trust.
I left I.B.E.W. Board of Trustees for Local No 357 Pension Trust. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (I.B.E.W. Board of Trustees for Local No 357 Pension Trust, (702) 415-2188) or the recordkeeper, Benesys, Inc. The I.B.E.W. Board of Trustees for Local No 357 Pension Trust old 401(k) page lists the contacts from every plan filing. Find an old I.B.E.W. Board of Trustees for Local No 357 Pension Trust 401(k)
Data from the public Form 5500 annual reports I.B.E.W. Board of Trustees for Local No 357 Pension Trust filed with the U.S. Department of Labor (plan years 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 I.B.E.W. Board of Trustees for Local No 357 Pension Trust. Not financial advice. Report a correction · Methodology