Joint Board of Trustee of I.B.E.W. retirement plan: assets, participants and fees
What Joint Board of Trustee of I.B.E.W.'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 | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Joint Board of Trustee of I.B.E.W.: employer contribution per participant | $2,143 | |
| Peer median | $2,411 |
| Joint Board of Trustee of I.B.E.W.: average balance | $81,024 | |
| Peer median | $61,921 |
| Joint Board of Trustee of I.B.E.W.: admin expenses ÷ assets | 0.49% | |
| 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 $25.9M at the end of plan year 2021 to $33.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 408 | $33.1M | $874K | $2,143 | 0.49% | Not published | Form 5500 ↗ |
| 2023 | 351 | $29.8M | $817K | $2,328 | 0.53% | Not published | Form 5500 ↗ |
| 2022 | 366 | $26.4M | $859K | $2,346 | 0.51% | Not published | Form 5500 ↗ |
| 2021 | 481 | $25.9M | $1M | $2,248 | 0.45% | Not published | Form 5500 ↗ |
Common questions
Does Joint Board of Trustee of I.B.E.W. match 401(k) contributions?
The match terms for the I.B.E.W. Local #490 Annuity Plan have not been published from its filing yet. The plan year 2024 filing reports $874K in employer contributions, about $2,143 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Joint Board of Trustee of I.B.E.W. 401(k) match vested?
The vesting schedule for the I.B.E.W. Local #490 Annuity Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Joint Board of Trustee of I.B.E.W. 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Joint Board of Trustee of I.B.E.W..
I left Joint Board of Trustee of I.B.E.W.. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Joint Board of Trustee of I.B.E.W., (603) 224-4239) or the recordkeeper, Empower Annuity Insurance Company. The Joint Board of Trustee of I.B.E.W. old 401(k) page lists the contacts from every plan filing. Find an old Joint Board of Trustee of I.B.E.W. 401(k)
Data from the public Form 5500 annual reports Joint Board of Trustee of I.B.E.W. 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 Joint Board of Trustee of I.B.E.W.. Not financial advice. Report a correction · Methodology