IBEW Local Union No. 124 401(k) match, vesting and fees
What IBEW Local Union No. 124's 401(k) 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Rubinbrown LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| IBEW Local Union No. 124: employer contribution per participant | — | |
| Peer median | $2,900 |
| IBEW Local Union No. 124: average balance | $56,594 | |
| Peer median | $67,876 |
| IBEW Local Union No. 124: admin expenses ÷ assets | 0.25% | |
| Peer median | 0.26% |
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 $141M at the end of plan year 2021 to $156M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,746 | $156M | — | — | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 2,797 | $142M | — | — | 0.28% | Not published | Form 5500 ↗ |
| 2022 | 3,177 | $118M | — | — | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 3,094 | $141M | — | — | 0.22% | Not published | Form 5500 ↗ |
Other IBEW Local Union No. 124 plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
I. B. E. W. Local Union No. 124 Annuity Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Rubinbrown LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does IBEW Local Union No. 124 match 401(k) contributions?
The match terms for the I. B. E. W. Local Union No. 124 401(k) Plan have not been published from its filing yet.
When is the IBEW Local Union No. 124 401(k) match vested?
The vesting schedule for the I. B. E. W. Local Union No. 124 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the IBEW Local Union No. 124 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is I.B.E.W Local Union No. 124.
I left IBEW Local Union No. 124. 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 Union No. 124, (816) 943-0277) or the recordkeeper, Principal Life Insurance Company. The IBEW Local Union No. 124 old 401(k) page lists the contacts from every plan filing. Find an old IBEW Local Union No. 124 401(k)
Data from the public Form 5500 annual reports IBEW Local Union No. 124 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 Union No. 124. Not financial advice. Report a correction · Methodology