# Ibew Local Union No. 124 Pension Trust Fund DB Plan
Source: https://planprovider.pro/companies/ibew-local-union-no-124-pension-trust-fund-plan

> Ibew Local Union No. 124 Pension Trust Fund&#39;s DB plan: 2,230 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local Union No. 124 Pension Trust Fund

- **Sponsor EIN:** 430817626

- **Sponsor Address:** 305 E. 103RD TERRACE, KANSAS CITY, MO, 64114

- **Plan Type:** DB

- **Total Participants:** 2,230

- **Total Assets:** $353.1M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|2,230|$353.1M|$0|$0|

| 2023|2,078|$314.6M|$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|

| RUBINBROWN LLP|Auditor|$23,950|—|$23,950|

### Verified Provider Profiles

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

- [RUBINBROWN LLP](https://planprovider.pro/provider/rubinbrown-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $23,950

- **Estimated Expense Ratio:** 0.007% 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|

| 2024|$1,967,601|$1,245,524|$207,908|$23,950|—|

| 2023|$1,882,902|$1,095,996|$181,195|—|$381,653|

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