Retirement plan

LOCAL UNION NO. 41 IBEW ANNUITY FUND

Name: TRUSTEES OF LOCAL NO. 41 IBEW ANNUITY - LOCAL UNION NO. 41 IBEW ANNUITY FUND (2025) Form 5500
Creator: TRUSTEES OF LOCAL NO. 41 IBEW ANNUITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL UNION NO. 41 IBEW ANNUITY FUND, TRUSTEES OF LOCAL NO. 41 IBEW ANNUITY

TRUSTEES OF LOCAL NO. 41 IBEW ANNUITYEIN 16-6069938Plan #001PY 2025

S 3546 CALIFORNIA ROAD - ORCHARD PARK, NY 14127716-662-6122

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$140.6M

+16.6% from 2024

Total participants

1,627

+3.2% from 2024

Average account balance

$112,500

+12.3% from 2024

Annual return

15.90%

-7.43 pp from 2024

Benchmarks

See 105 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort105 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$140.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$113K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,250

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

75.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$259

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 7 by compensation

Provider	Service type	Compensation
LOCAL NO. 41 IBEW HEALTH FUND10+ years Service code 15 · EIN 16-0841426	Recordkeeping	$110,958
THE VANGUARD GROUP, INC.10+ years Service code 15 · EIN 23-1945930	Recordkeeping	$83,058
ARCARA ZUCARELLI LENDA & ASSOCIATES1 year Filed as: ARCARA LENDA EUSANIO & STACEY, CPAS Service code 10 · EIN 47-1793720	Accounting	$22,313
BLITMAN & KING2 years Filed as: BLITMAN & KING LLP Service code 29 · EIN 16-1047304	Legal	$18,799
JBM COMPUTER CONSULTANTS2 years Service code 15 · EIN 16-1173118	Recordkeeping	$12,057
THE SEGAL COMPANY2 years Filed as: SEGAL MARCO ADVISORS Service code 27 · EIN 13-2646110	Advisory (Plan)	$10,500
NETRIO1 year Service code 16 303 CAYUGA ROAD #100 · BUFFALO, NY 14225	Consulting	$6,806

Plan features & details

Pension benefit codes2E2F2G2K2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$324K

$210 / participant

Recordkeeping$206K63.6%
Investment mgmt$11K3.2%
Legal$19K5.8%
Actuarial$9400.3%
Other trustee fees$5730.2%
Other / not subdivided$87K26.9%

% of EOY assets

0.230%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ARCARA LENDA EUSANIO & STACEY, CPAS
Auditor EIN: 471793720
Audit fees: $22,313
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$112,500

$98,776+13.9%

$119,126-5.6%

$89,670+25.5%

Participation rate

75.6%

83.1%-7.5pp

75.8%-0.2pp

71.2%+4.4pp

Annual return

15.90%

9.25%+6.7pp

282.11%-266.2pp

19.66%-3.8pp

Employer contribution / active EE

$5,247

$5,802-9.6%

$4,034+30.1%

$4,041+29.8%

Participant deferral / active EE

$1,748-100.0%

$5,318-100.0%

$3,962-100.0%

Admin fee / account holder

$259

$230+12.4%

$10,693-97.6%

$352-26.3%

Provider

Service type

Compensation

LOCAL NO. 41 IBEW HEALTH FUND10+ years

Service code 15 · EIN 16-0841426

Recordkeeping

$110,958

THE VANGUARD GROUP, INC.10+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$83,058

ARCARA ZUCARELLI LENDA & ASSOCIATES1 year

Filed as: ARCARA LENDA EUSANIO & STACEY, CPAS

Service code 10 · EIN 47-1793720

Accounting

$22,313

BLITMAN & KING2 years

Filed as: BLITMAN & KING LLP

Service code 29 · EIN 16-1047304

Legal

$18,799

JBM COMPUTER CONSULTANTS2 years

Service code 15 · EIN 16-1173118

Recordkeeping

$12,057

THE SEGAL COMPANY2 years

Filed as: SEGAL MARCO ADVISORS

Service code 27 · EIN 13-2646110

Advisory (Plan)

$10,500

NETRIO1 year

Service code 16

303 CAYUGA ROAD #100 · BUFFALO, NY 14225

Consulting

$6,806

LOCAL UNION NO. 41 IBEW ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL UNION NO. 41 IBEW ANNUITY FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion