Retirement plan

WISCONSIN NECA-IBEW RETIREMENT PLAN

Name: TRUSTEES OF WISCONSIN NECA-IBEW - WISCONSIN NECA-IBEW RETIREMENT PLAN (2024) Form 5500
Creator: TRUSTEES OF WISCONSIN NECA-IBEW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WISCONSIN NECA-IBEW RETIREMENT PLAN, TRUSTEES OF WISCONSIN NECA-IBEW

TRUSTEES OF WISCONSIN NECA-IBEWEIN 39-1571911Plan #001PY 2024

2730 DAIRY DRIVE, SUITE 101 - MADISON, WI 53718608-276-9111

Prospect flagsHigh assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$715.2M

-9.1% from 2016

Total participants

3,167

-2.0% from 2016

Average account balance

$250,433

No prior year

Annual return

12.20%

-8.70 pp from 2016

Benchmarks

See 560 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort560 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$715.24M

Not enough data

1 years with asset history on file

Average account balance

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

$250K

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.

2,856

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30.53M

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

+12.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034	Contract Administrator	$112,651
WEEBF6 years Service code 13 · EIN 39-1651543	Contract Administrator	$94,050
REINHART BOERNER VAN DEUREN S.C.6 years Filed as: REINHART BOERNER VAN DEUREN S.C Service code 29 · EIN 39-1126909	Legal	$73,812
CLIFTONLARSONALLEN LLP5 years Service code 10 · EIN 41-0746749	Accounting	$31,967
MARINER LLC1 year Filed as: MARINER INSTITUTIONAL LLC Service code 27 4901 VINELAND RD STE 600 · ORLANDO, FL 32811	Advisory (Plan)	$21,750
ALLEN BATES TECHNOLOGIES1 year Filed as: ALLEN BATES TECHNOLOGIES, INC. Service code 99 600 MCKNIGHT PARK DRIVE STE 606 · PITTSBURGH, PA 15237	Other Fees	$5,060

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$306K

$109 / participant

Recordkeeping$56K18.4%
Investment mgmt$22K7.1%
Legal$74K24.1%
Contract admin$94K30.7%
Other / not subdivided$60K19.6%

% of EOY assets

0.043%

all-in expense ratio

Categories reported

4 / 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: $31,967
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$250,433

$241,850+3.5%

$102,437+144.5%

$200,096+25.2%

Participation rate

88.9%

78.3%+10.5pp

74.5%+14.4pp

72.0%+16.9pp

Annual return

12.20%

17.67%-5.5pp

24.95%-12.7pp

34.26%-22.1pp

Employer contribution / active EE

$10,512

$4,253+147.2%

$3,871+171.6%

$3,038+246.1%

Participant deferral / active EE

$408

$3,961-89.7%

$5,060-91.9%

$5,090-92.0%

Admin fee / account holder

$107

$288-62.8%

$8,388-98.7%

$269-60.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 13 · EIN 06-1050034

Contract Administrator

$112,651

WEEBF6 years

Service code 13 · EIN 39-1651543

Contract Administrator

$94,050

REINHART BOERNER VAN DEUREN S.C.6 years

Filed as: REINHART BOERNER VAN DEUREN S.C

Service code 29 · EIN 39-1126909

Legal

$73,812

CLIFTONLARSONALLEN LLP5 years

Service code 10 · EIN 41-0746749

Accounting

$31,967

MARINER LLC1 year

Filed as: MARINER INSTITUTIONAL LLC

Service code 27

4901 VINELAND RD STE 600 · ORLANDO, FL 32811

Advisory (Plan)

$21,750

ALLEN BATES TECHNOLOGIES1 year

Filed as: ALLEN BATES TECHNOLOGIES, INC.

Service code 99

600 MCKNIGHT PARK DRIVE STE 606 · PITTSBURGH, PA 15237

Other Fees

$5,060

WISCONSIN NECA-IBEW RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WISCONSIN NECA-IBEW RETIREMENT PLAN

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