Idaho Operating Engineers-Employers Pens retirement plan: assets, participants and fees
What Idaho Operating Engineers-Employers Pens' 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 | Welfare & Pension Admin Services | 2023 Schedule C ↗ |
| Independent auditor | Anastasi, Moore and Martin, PLLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 287 pension plans in construction with 1,000 to 4,999 participants.
| Idaho Operating Engineers-Employers Pens: employer contribution per participant | $2,141 | |
| Peer median | $5,506 |
| Idaho Operating Engineers-Employers Pens: average balance | $50,033 | |
| Peer median | $105,184 |
| Idaho Operating Engineers-Employers Pens: admin expenses ÷ assets | 0.85% | |
| Peer median | 0.59% |
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 $132M at the end of plan year 2021 to $152M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,030 | $152M | $6.5M | $2,141 | 0.85% | Not published | Form 5500 ↗ |
| 2023 | 2,954 | $143M | $5M | $1,708 | 0.91% | Not published | Form 5500 ↗ |
| 2022 | 2,856 | $137M | $4.3M | $1,512 | 0.88% | Not published | Form 5500 ↗ |
| 2021 | 2,881 | $132M | $3.8M | $1,308 | 0.84% | Not published | Form 5500 ↗ |
Common questions
Does Idaho Operating Engineers-Employers Pens match 401(k) contributions?
The match terms for the Idaho Operating Engineers Employers Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $6.5M in employer contributions, about $2,141 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Idaho Operating Engineers-Employers Pens 401(k) match vested?
The vesting schedule for the Idaho Operating Engineers Employers Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Idaho Operating Engineers-Employers Pens 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Welfare & Pension Admin Services. The plan administrator is Idaho Operating Engineers-Employers Pens.
I left Idaho Operating Engineers-Employers Pens. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Idaho Operating Engineers-Employers Pens, (206) 441-7574) or the recordkeeper, Welfare & Pension Admin Services. The Idaho Operating Engineers-Employers Pens old 401(k) page lists the contacts from every plan filing. Find an old Idaho Operating Engineers-Employers Pens 401(k)
Data from the public Form 5500 annual reports Idaho Operating Engineers-Employers Pens 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 Idaho Operating Engineers-Employers Pens. Not financial advice. Report a correction · Methodology