Retirement plan

IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACT 401(K) RETIREMENT FUND

Name: TRUSTEES OF IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACTORS 401( - IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACT 401(K) RETIREMENT FUND (2025) Form 5500
Creator: TRUSTEES OF IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACTORS 401(
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACT 401(K) RETIREMENT FUND, TRUSTEES OF IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACTORS 401(

TRUSTEES OF IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACTORS 401(EIN 36-6519755Plan #002PY 2025

6525 CENTURION DRIVE - LANSING, MI 48917517-321-7502LinkedIn1001-5000 employeesconstruction

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$142.9M

+9.8% from 2024

Total participants

2,003

+2.4% from 2024

Average account balance

$71,363

+7.2% from 2024

Annual return

9.73%

-2.14 pp from 2024

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

$142.94M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

2,003

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

$10.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$216

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
JOHN HANCOCK LIFE INSURANCE COMPANY9 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$232,292
MEKETA INVESTMENT GROUP10+ years Service code 27 · EIN 04-2659023	Advisory (Plan)	$71,000
TIC INTERNATIONAL CORPORATION2 years Filed as: TIC MIDWEST ADMIN SOLUTIONS Service code 13 · EIN 93-4217445	Contract Administrator	$43,568
JPMORGAN INVEST HOLDINGS LLC10+ years Filed as: CHEVY CHASE TRUST COMPANY Service code 19 · EIN 52-2037618	Securities Custodian	$40,851
LEGACY PROFESSIONALS LLP10+ years Service code 10 · EIN 32-0043599	Accounting	$28,191
ASHER, GITTLER & D'ALBA, LTD.10+ years Service code 29 · EIN 36-2786883	Legal	$11,722
AMALGAMATED BANK10+ years Service code 19 · EIN 13-4920330	Securities Custodian	$5,318

Plan features & details

Pension benefit codes2C2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.

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

$433K

$424 / participant

Recordkeeping$5K1.1%
Investment mgmt$297K68.6%
Legal$12K2.7%
Other trustee fees$3K0.6%
Contract admin$36K8.4%
Other / not subdivided$80K18.6%

% of EOY assets

0.303%

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: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: $23,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,363

$98,273-27.4%

$150,734-52.7%

$85,660-16.7%

Participation rate

100.0%

84.0%+16.0pp

78.4%+21.6pp

74.8%+25.2pp

Annual return

9.73%

7.62%+2.1pp

600.81%-591.1pp

19.52%-9.8pp

Employer contribution / active EE

$10,231

$5,764+77.5%

$4,918+108.0%

$4,199+143.6%

Participant deferral / active EE

$438

$1,439-69.6%

$5,610-92.2%

$3,518-87.5%

Admin fee / account holder

$216

$226-4.2%

$14,905-98.5%

$224-3.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY9 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$232,292

MEKETA INVESTMENT GROUP10+ years

Service code 27 · EIN 04-2659023

Advisory (Plan)

$71,000

TIC INTERNATIONAL CORPORATION2 years

Filed as: TIC MIDWEST ADMIN SOLUTIONS

Service code 13 · EIN 93-4217445

Contract Administrator

$43,568

JPMORGAN INVEST HOLDINGS LLC10+ years

Filed as: CHEVY CHASE TRUST COMPANY

Service code 19 · EIN 52-2037618

Securities Custodian

$40,851

LEGACY PROFESSIONALS LLP10+ years

Service code 10 · EIN 32-0043599

Accounting

$28,191

ASHER, GITTLER & D'ALBA, LTD.10+ years

Service code 29 · EIN 36-2786883

Legal

$11,722

AMALGAMATED BANK10+ years

Service code 19 · EIN 13-4920330

Securities Custodian

$5,318

IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACT 401(K) RETIREMENT FUND

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IBEW LOCAL UNION NO. 9 AND LINE CLEARANCE CONTRACT 401(K) RETIREMENT 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