Trustees of Local No. 41 IBEW Annuity retirement plan: assets, participants and fees
What Trustees of Local No. 41 IBEW Annuity'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 | Local No. 41 Ibew Health Fund | Schedule C ↗ |
| Independent auditor | Arcara Lenda Eusanio & Stacey, Cpas (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Trustees of Local No. 41 IBEW Annuity: employer contribution per participant | $6,485 | |
| Peer median | $2,900 |
| Trustees of Local No. 41 IBEW Annuity: average balance | $112,260 | |
| Peer median | $67,876 |
| Trustees of Local No. 41 IBEW Annuity: admin expenses ÷ assets | 0.25% | |
| 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 $120M at the end of plan year 2023 to $140M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,627 | $140M | $8.1M | $6,485 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 1,577 | $120M | $6.8M | $5,641 | 0.29% | Not published | Form 5500 ↗ |
Common questions
Does Trustees of Local No. 41 IBEW Annuity match 401(k) contributions?
The match terms for the Local Union No. 41 Ibew Annuity Fund have not been published from its filing yet. The plan year 2024 filing reports $8.1M in employer contributions, about $6,485 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Trustees of Local No. 41 IBEW Annuity 401(k) match vested?
The vesting schedule for the Local Union No. 41 Ibew Annuity Fund is not in the data published so far. Your Summary Plan Description states it.
Who manages the Trustees of Local No. 41 IBEW Annuity 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Local No. 41 Ibew Health Fund. The plan administrator is Trustees of Local No. 41 Ibew Annuity.
I left Trustees of Local No. 41 IBEW Annuity. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Trustees of Local No. 41 Ibew Annuity, (716) 662-6122) or the recordkeeper, Local No. 41 Ibew Health Fund. The Trustees of Local No. 41 IBEW Annuity old 401(k) page lists the contacts from every plan filing. Find an old Trustees of Local No. 41 IBEW Annuity 401(k)
Data from the public Form 5500 annual reports Trustees of Local No. 41 IBEW Annuity 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 of Local No. 41 IBEW Annuity. Not financial advice. Report a correction · Methodology