IBEW Lu-1141 Pension Trust retirement plan: assets, participants and fees
What IBEW Lu-1141 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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Lbmc PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · 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 Lu-1141 Pension Trust: employer contribution per participant | $4,800 | |
| Peer median | $2,900 |
| IBEW Lu-1141 Pension Trust: average balance | $85,914 | |
| Peer median | $67,876 |
| IBEW Lu-1141 Pension Trust: admin expenses ÷ assets | 0.14% | |
| 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 $169M at the end of plan year 2023 to $189M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,218 | $189M | $10.5M | $4,800 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 2,478 | $169M | $9.9M | $4,606 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does IBEW Lu-1141 Pension Trust match 401(k) contributions?
The match terms for the Supplemental Pension/401(K) Plan to Ibew Lu1141 Retirement and 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $10.5M in employer contributions, about $4,800 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the IBEW Lu-1141 Pension Trust 401(k) match vested?
The vesting schedule for the Supplemental Pension/401(K) Plan to Ibew Lu1141 Retirement and 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the IBEW Lu-1141 Pension Trust 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Ibew Lu-1141 Pension Trust.
I left IBEW Lu-1141 Pension Trust. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ibew Lu-1141 Pension Trust, (405) 310-7028) or the recordkeeper, Empower Annuity Insurance Company O. The IBEW Lu-1141 Pension Trust old 401(k) page lists the contacts from every plan filing. Find an old IBEW Lu-1141 Pension Trust 401(k)
Data from the public Form 5500 annual reports IBEW Lu-1141 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 IBEW Lu-1141 Pension Trust. Not financial advice. Report a correction · Methodology