# Ibew Local Union No. 124 DC Plan
Source: https://planprovider.pro/companies/ibew-local-union-no-124-plan

> Ibew Local Union No. 124's DC plan: 3,754 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

- **Sponsor EIN:** 431269910

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

- **Plan Type:** DC

- **Total Participants:** 3,754

- **Total Assets:** $447.2M

## 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:** Yes

## Plan Financials by Year

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

| 2024|3,754|$447.2M|$26.9M|$0|

| 2023|3,513|$394.5M|$21.3M|$0|

| 2022|3,387|$327.9M|$17.4M|$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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$213,342|—|$213,342|

| LOCAL UNION 124 BENEFIT OFFICE|PARTY-IN-INTEREST|$165,169|—|$165,169|

| ARNOLD, NEWBOLD, SOLLARS & HOLLINS|LEGAL|$80,760|—|$80,760|

| SEGAL MARCO ADVISORS|INVESTMENT ADVISORY|$20,330|—|$20,330|

| RUBINBROWN LLP|AUDITOR|$19,100|—|$19,100|

| RUBINBROWN LLC|Auditor|$19,100|—|$19,100|

| CONSTRUCTION BENEFITS AUDIT CORP|NONE|$15,541|—|$15,541|

### 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:** $533,342

- **Estimated Expense Ratio:** 0.119% 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|$513,779|$20,330|$378,048|$19,100|—|

| 2023|$525,576|$22,052|$381,683|$18,200|—|

| 2022|$444,522|$20,000|$310,615|—|$112,196|

## Similar Plans

- [Ibew Local 683 Board Of Trustees](https://planprovider.pro/companies/ibew-local-683-board-of-trustees-plan-002) — 3,539 participants

- [I.B.E.W Local Union No. 124](https://planprovider.pro/companies/i-b-e-w-local-union-no-124-plan) — 3,232 participants

- [Board Of Trustees Of The Neca-Ibew Pension Benefit Trust Fund](https://planprovider.pro/companies/board-of-trustees-of-the-neca-ibew-pension-benefit-trust-fund-plan) — 4,518 participants

- [Ibew Local 683 Board Of Trustees](https://planprovider.pro/companies/ibew-local-683-board-of-trustees-plan-001) — 2,940 participants

- [Trustees Of Local No. 1 Pension Benefit Trust Fund](https://planprovider.pro/companies/trustees-of-local-no-1-pension-benefit-trust-fund-plan) — 5,046 participants

- [Ibew Local Union No. 124 Pension Trust Fund](https://planprovider.pro/companies/ibew-local-union-no-124-pension-trust-fund-plan) — 2,230 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-union-no-124-plan)

© 2026 PlanProvider.Pro