I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees 401(k) match, vesting and fees

Plan year 2024 filingI.B.E.W. Local 673 Profit Sharing Annuity Plan · Plan 002 · EIN 34-6661994Updated Oct 2026

What I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.5M in employer contributions, about $2,358 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$82,630
Average account balance
651
Participants (end of year)
$53.8M
Plan assets (end of year)
0.32%
Admin expenses ÷ assets

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.

RecordkeeperJohn Hancock Retirement Plan SvcsSchedule C ↗
Independent auditorGallovic, Granito & Co Ltd (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.

I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees: employer contribution per participant$2,358
Peer median$2,361
I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees: average balance$82,630
Peer median$60,193
I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees: admin expenses ÷ assets0.32%
Peer median0.31%

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 $52.4M at the end of plan year 2021 to $53.8M at the end of plan year 2024.

$52.4M2021$44.5M2022$49M2023$53.8M2024
End-of-year figures from each plan year's Form 5500 filing for the I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024651$53.8M$1.5M$2,3580.32%Not publishedForm 5500 ↗
2023548$49M$1.6M$2,9320.35%Not publishedForm 5500 ↗
2022544$44.5M$1.4M$2,6560.30%Not publishedForm 5500 ↗
2021421$52.4M$1.3M$3,2290.28%Not publishedForm 5500 ↗

Other I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

I B E W Local 673 Pension Plan

Plan 001 · EIN 34-6661994 · plan year 2024 filing
$151,683
Average account balance
559
Participants (end of year)
$84.8M
Plan assets (end of year)
0.87%
Admin expenses ÷ assets

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.

Independent auditorGallovic, Granito & Co, Ltd (disclaimer opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees match 401(k) contributions?

The match terms for the I.B.E.W. Local 673 Profit Sharing Annuity Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $2,358 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees 401(k) match vested?

The vesting schedule for the I.B.E.W. Local 673 Profit Sharing Annuity Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Svcs. The plan administrator is I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees.

I left I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees. 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. Local 673 Profit Sharing Annuity Plan - Board of Trustees, (440) 255-3414) or the recordkeeper, John Hancock Retirement Plan Svcs. The I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees old 401(k) page lists the contacts from every plan filing. Find an old I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees 401(k)

Data from the public Form 5500 annual reports I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees 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 I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board of Trustees. Not financial advice. Report a correction · Methodology