Trustees Electrical Workers Local No.292 Defined Contribution and 401k 401(k) match, vesting and fees
What Trustees Electrical Workers Local No.292 Defined Contribution and 401k'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 | John Hancock Investment Mgmt Scvs | Schedule C ↗ |
| Independent auditor | Legacy Professionals 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 84 defined-contribution plans in construction with 5,000 to 9,999 participants.
| Trustees Electrical Workers Local No.292 Defined Contribution and 401k: employer contribution per participant | $5,738 | |
| Peer median | $2,724 |
| Trustees Electrical Workers Local No.292 Defined Contribution and 401k: average balance | $187,793 | |
| Peer median | $57,731 |
| Trustees Electrical Workers Local No.292 Defined Contribution and 401k: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.23% |
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 $1.1B at the end of plan year 2023 to $1.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 6,319 | $1.2B | $36.3M | $5,738 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 6,236 | $1.1B | $30.8M | $4,943 | 0.17% | Not published | Form 5500 ↗ |
Common questions
Does Trustees Electrical Workers Local No.292 Defined Contribution and 401k match 401(k) contributions?
The match terms for the Electrical Workers Local No. 292 Defined Contribution and 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $36.3M in employer contributions, about $5,738 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Trustees Electrical Workers Local No.292 Defined Contribution and 401k 401(k) match vested?
The vesting schedule for the Electrical Workers Local No. 292 Defined Contribution and 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Trustees Electrical Workers Local No.292 Defined Contribution and 401k 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Investment Mgmt Scvs. The plan administrator is Trustees Electrical Workers Local No.292 Defined Contribution and 401k.
I left Trustees Electrical Workers Local No.292 Defined Contribution and 401k. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Trustees Electrical Workers Local No.292 Defined Contribution and 401k, (763) 493-8830) or the recordkeeper, John Hancock Investment Mgmt Scvs. The Trustees Electrical Workers Local No.292 Defined Contribution and 401k old 401(k) page lists the contacts from every plan filing. Find an old Trustees Electrical Workers Local No.292 Defined Contribution and 401k 401(k)
Data from the public Form 5500 annual reports Trustees Electrical Workers Local No.292 Defined Contribution and 401k 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 Trustees Electrical Workers Local No.292 Defined Contribution and 401k. Not financial advice. Report a correction · Methodology