Board Of Trustees, 701 Pension Fund 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees, 701 Pension Fund 401(k) Plan Facts

Plan name
IBEW LOCAL 701 RETIREMENT SAVINGS FUND
Plan type
401(k) and profit sharing
Plan sponsor
BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUND
Participants
2,025 (1,734 active employees)
Former employees with a balance
289
Plan assets
$418,646,579 at May 31, 2025
Average account balance
$206,943 across 2,023 accounts
Employer contributions
$16,565,444 in plan year 2024 (93% of all contributions)
Plan year
Jun 1, 2024 – May 31, 2025
Plan established
Jun 1, 1989
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jun 1, 2024 – May 31, 2025), filed Feb 2, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $17.8 million went into the plan in contributions, $16.6 million of it from the employer (93%).
  • $20.8 million was paid out to participants.
  • Investment and other income added $35.1 million.
  • Administrative expenses were $253,250, about $125 per account.

How the Board Of Trustees, 701 Pension Fund 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,232$290.1 million$13.6 million$14.4 million
20202,167$350.0 million$13.5 million$20.1 million
20212,115$337.2 million$15.1 million$16.8 million
20222,054$341.2 million$16.3 million$18.0 million
20232,029$386.9 million$17.4 million$25.7 million
20242,025$418.6 million$16.6 million$20.8 million

Board Of Trustees, 701 Pension Fund 401(k) Contact Information

Phone
630-393-1701
Mailing address
28600 BELLA VISTA PARKWAY SUITE 1110, WARRENVILLE IL 60555
Plan sponsor
BOARD OF TRUSTEES-LOCAL 701 RETIREMENT SAVINGS FUND
Employer identification number (EIN)
36-6455509
Plan number
002

Questions about the Board Of Trustees, 701 Pension Fund 401(k)

Does Board Of Trustees, 701 Pension Fund contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $16.6 million in employer contributions for plan year 2024.

Does the Board Of Trustees, 701 Pension Fund 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Board Of Trustees, 701 Pension Fund 401(k) plan?

2,025 participants at the start of plan year 2024, 1,734 of them active employees, and 289 former employees who still had money in the plan.

What is the average 401(k) balance at Board Of Trustees, 701 Pension Fund?

About $206,943 per account: $418.6 million in plan assets across 2,023 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees, 701 Pension Fund 401(k) accounts?

MARQUETTE AND ASSOCIATES is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Board Of Trustees, 701 Pension Fund. How do I access my 401(k)?

Your account stays with MARQUETTE AND ASSOCIATES after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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