# Ibew Local Union 481 Defined Contribution DC Plan
Source: https://planprovider.pro/companies/ibew-local-union-481-defined-contribution-plan

> Ibew Local Union 481 Defined Contribution's DC plan: 3,110 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local Union 481 Defined Contribution

- **Sponsor EIN:** 351501496

- **Sponsor Address:** 1828 N. MERIDIAN STREET, INDIANAPOLIS, IN, 46202

- **Plan Type:** DC

- **Total Participants:** 3,110

- **Total Assets:** $295.7M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|3,110|$295.7M|$0|$0|

| 2024|2,994|$268.4M|$0|$0|

| 2023|2,820|$246.3M|$0|$0|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| LEGACY PROFESSIONALS LLP|Auditor|$32,000|—|$32,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $32,000

- **Estimated Expense Ratio:** 0.011% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2025|$646,559|$75,000|—|$32,000|—|

| 2024|$550,423|$75,000|—|$31,000|—|

| 2023|$550,770|$264,266|—|—|$54,604|

## Similar Plans

- [Indiana Electrical Workers Pension Trust Fund Ibew](https://planprovider.pro/companies/indiana-electrical-workers-pension-trust-fund-ibew-plan) — 2,806 participants

- [Gaylor Electric, INC.](https://planprovider.pro/companies/gaylor-electric-inc-401k-plan) — 2,620 participants

- [Board Of Trustees, Ibew Local No. 725](https://planprovider.pro/companies/board-of-trustees-ibew-local-no-725-plan) — 1,478 participants

- [Ibew Local Union 668](https://planprovider.pro/companies/ibew-local-union-668-plan) — 1,317 participants

- [Trustees Of I.B.E.W Local 697 Defined Contribution Plan](https://planprovider.pro/companies/trustees-of-ibew-elec-industry-local-697-money-purch-plan-plan) — 925 participants

- [Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund](https://planprovider.pro/companies/trustees-of-local-697-i-b-e-w-elect-industry-pension-fund-plan) — 911 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-union-481-defined-contribution-plan)

© 2026 PlanProvider.Pro