Retirement plan

IBEW LOCAL 701 RETIREMENT SAVINGS FUND

Name: BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUND - IBEW LOCAL 701 RETIREMENT SAVINGS FUND (2025) Form 5500
Creator: BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IBEW LOCAL 701 RETIREMENT SAVINGS FUND, BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUND

BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUNDEIN 36-6455509Plan #002PY 2025

28600 BELLA VISTA PARKWAY, SUITE 1110 - WARRENVILLE, IL 60555630-393-1701

Other plans on this EIN

1 filing

#001Retirement-$527.8M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$418.6M

-8.2% from 2017

Total participants

2,023

+6.7% from 2017

Average account balance

$206,943

No prior year

Annual return

9.18%

-7.58 pp from 2017

Benchmarks

See 94 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort94 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$418.65M

Not enough data

1 years with asset history on file

Average account balance

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

$207K

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.

2,023

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$125

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 19 · EIN 06-1050034	Securities Custodian	$120,058
CALIBRE CPA GROUP PLLC10+ years Service code 10 · EIN 47-0900880 230 W. MONROE ST. SUITE 310 · CHICAGO, IL 60606	Accounting	$16,800
MARQUETTE ASSOCIATES10+ years Filed as: MARQUETTE ASSOCIATES, INC. Service code 70 · EIN 36-3485298 180 NORTH LASALLE ST, STE 3500 · CHICAGO, IL 60601	Consulting Fees	$14,040
HUNT INSURANCE AGENCY, INC.7 years Filed as: HUNT INSURANCE AGENCY, INC Service code 53 · EIN 36-2730032 12000 HARLEM DR · PALOS HEIGHTS, IL 60463	Insurance Commissions	$7,595
ARNOLD & KADJAN10+ years Service code 29 · EIN 36-2498571 35 EAST WACKER DRIVE, SUITE 600 · CHICAGO, IL 60601	Legal	$6,313

Plan features & details

Pension benefit codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$253K

$146 / participant

Recordkeeping$120K47.4%
Trustee / custodial$1840.1%
Investment mgmt$14K5.5%
Legal$9K3.5%
Actuarial$4K1.6%
Salaries / allowances$15K5.9%
Other / not subdivided$91K36.1%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP, PLLC
Auditor EIN: 470900880
Audit fees: $16,800
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$206,943

$98,273+110.6%

$150,734+37.3%

$85,660+141.6%

Participation rate

100.0%

84.0%+16.0pp

78.4%+21.6pp

74.8%+25.2pp

Annual return

9.18%

7.62%+1.6pp

600.81%-591.6pp

19.52%-10.3pp

Employer contribution / active EE

$9,553

$5,764+65.7%

$4,918+94.2%

$4,199+127.5%

Participant deferral / active EE

$308

$1,439-78.6%

$5,610-94.5%

$3,518-91.2%

Admin fee / account holder

$125

$226-44.5%

$14,905-99.2%

$224-44.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 19 · EIN 06-1050034

Securities Custodian

$120,058

CALIBRE CPA GROUP PLLC10+ years

Service code 10 · EIN 47-0900880

230 W. MONROE ST. SUITE 310 · CHICAGO, IL 60606

Accounting

$16,800

MARQUETTE ASSOCIATES10+ years

Filed as: MARQUETTE ASSOCIATES, INC.

Service code 70 · EIN 36-3485298

180 NORTH LASALLE ST, STE 3500 · CHICAGO, IL 60601

Consulting Fees

$14,040

HUNT INSURANCE AGENCY, INC.7 years

Filed as: HUNT INSURANCE AGENCY, INC

Service code 53 · EIN 36-2730032

12000 HARLEM DR · PALOS HEIGHTS, IL 60463

Insurance Commissions

$7,595

ARNOLD & KADJAN10+ years

Service code 29 · EIN 36-2498571

35 EAST WACKER DRIVE, SUITE 600 · CHICAGO, IL 60601

Legal

$6,313

IBEW LOCAL 701 RETIREMENT SAVINGS FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IBEW LOCAL 701 RETIREMENT SAVINGS 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