IBEW Local Union No 237 Annuity Fund retirement plan: assets, participants and fees
What IBEW Local Union No 237 Annuity Fund'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 | Ibew Local 237 Health & Welfare Fun | Schedule C ↗ |
| Independent auditor | Bonadio & Co., LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,875 defined-contribution plans in construction with 100 to 499 participants.
| IBEW Local Union No 237 Annuity Fund: employer contribution per participant | $2,251 | |
| Peer median | $2,412 |
| IBEW Local Union No 237 Annuity Fund: average balance | $49,886 | |
| Peer median | $61,736 |
| IBEW Local Union No 237 Annuity Fund: admin expenses ÷ assets | 0.93% | |
| Peer median | 0.39% |
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 $19.9M at the end of plan year 2023 to $22.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 445 | $22.1M | $999K | $2,251 | 0.93% | Not published | Form 5500 ↗ |
| 2023 | 314 | $19.9M | $822K | $2,618 | 0.72% | Not published | Form 5500 ↗ |
Common questions
Does IBEW Local Union No 237 Annuity Fund match 401(k) contributions?
The match terms for the Ibew Local Union No 237 Annuity Fund have not been published from its filing yet. The plan year 2024 filing reports $999K in employer contributions, about $2,251 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the IBEW Local Union No 237 Annuity Fund 401(k) match vested?
The vesting schedule for the Ibew Local Union No 237 Annuity Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the IBEW Local Union No 237 Annuity Fund 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ibew Local 237 Health & Welfare Fun. The plan administrator is Ibew Local Union No 237 Annuity Fund.
I left IBEW Local Union No 237 Annuity Fund. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ibew Local Union No 237 Annuity Fund, (716) 297-3899) or the recordkeeper, Ibew Local 237 Health & Welfare Fun. The IBEW Local Union No 237 Annuity Fund old 401(k) page lists the contacts from every plan filing. Find an old IBEW Local Union No 237 Annuity Fund 401(k)
Data from the public Form 5500 annual reports IBEW Local Union No 237 Annuity Fund 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 IBEW Local Union No 237 Annuity Fund. Not financial advice. Report a correction · Methodology