IBEW Local 712 Profit Sharing Plan retirement plan: assets, participants and fees
What IBEW Local 712 Profit Sharing Plan'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 | Empower Annuity Co. of America | Schedule C ↗ |
| Independent auditor | Packer Thomas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| IBEW Local 712 Profit Sharing Plan: employer contribution per participant | $4,645 | |
| Peer median | $2,935 |
| IBEW Local 712 Profit Sharing Plan: average balance | $100,640 | |
| Peer median | $92,770 |
| IBEW Local 712 Profit Sharing Plan: admin expenses ÷ assets | 0.13% | |
| Peer median | 0.15% |
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 $87.1M at the end of plan year 2021 to $96.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,620 | $96.4M | $4.5M | $4,645 | 0.13% | Not published | Form 5500 ↗ |
| 2023 | 1,341 | $83.6M | $3.7M | $2,790 | 0.19% | Not published | Form 5500 ↗ |
| 2022 | 1,450 | $71.2M | $7.9M | $5,466 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 1,552 | $87.1M | $16.5M | $10,630 | 0.14% | Not published | Form 5500 ↗ |
Other IBEW Local 712 Profit Sharing Plan plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Ibew Local 712 Pension Trust Fund
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 auditor | Packer Thomas (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does IBEW Local 712 Profit Sharing Plan match 401(k) contributions?
The match terms for the Ibew Local 712 Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $4.5M in employer contributions, about $4,645 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the IBEW Local 712 Profit Sharing Plan 401(k) match vested?
The vesting schedule for the Ibew Local 712 Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the IBEW Local 712 Profit Sharing Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Co. of America. The plan administrator is Ibew Local 712 Profit Sharing Plan.
I left IBEW Local 712 Profit Sharing Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ibew Local 712 Profit Sharing Plan, (412) 432-1125) or the recordkeeper, Empower Annuity Co. of America. The IBEW Local 712 Profit Sharing Plan old 401(k) page lists the contacts from every plan filing. Find an old IBEW Local 712 Profit Sharing Plan 401(k)
Data from the public Form 5500 annual reports IBEW Local 712 Profit Sharing Plan 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 IBEW Local 712 Profit Sharing Plan. Not financial advice. Report a correction · Methodology