Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) Plan Facts

Plan name
INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 324 RETIREMENT TRUST FUND
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BOARD OF TRUSTEES IUOE LOCAL 324 RETIREMENT TRUST FUND
Participants
1,724 (1,833 active employees)
Former employees with a balance
10
Plan assets
$70,335,457 at Dec 31, 2024
Average account balance
$49,014 across 1,435 accounts
Employer contributions
$5,045,462 in plan year 2024 (76% of all contributions)
Recordkeeper
Lincoln National Corporation
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.66 million went into the plan in contributions, $5.05 million of it from the employer (76%).
  • $3.84 million was paid out to participants.
  • Investment and other income added $8.01 million.
  • Administrative expenses were $382,203, about $266 per account.

How the Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,403$39.7 million$2.34 million$4.33 million
20201,312$48.1 million$2.89 million$2.23 million
20211,442$56.4 million$3.46 million$2.28 million
20221,594$48.6 million$4.14 million$3.70 million
20231,707$60.0 million$5.05 million$3.58 million
20241,724$70.3 million$5.05 million$3.84 million

Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) Contact Information

Phone
248-451-0324
Mailing address
700 TOWER DR., SUITE 300, TROY MI 48098
Plan sponsor
BOARD OF TRUSTEES IUOE LOCAL 324 RETIREMENT TRUST FUND
Employer identification number (EIN)
38-3685356
Plan number
001

Questions about the Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k)

Does Board Of Trustees Iuoe Local 324 Retirement Trust Fund contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.05 million, 76% of all contributions.

Does the Board Of Trustees Iuoe Local 324 Retirement Trust 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 Iuoe Local 324 Retirement Trust Fund 401(k) plan?

1,724 participants at the start of plan year 2024, 1,833 of them active employees, and 10 former employees who still had money in the plan.

What is the average 401(k) balance at Board Of Trustees Iuoe Local 324 Retirement Trust Fund?

About $49,014 per account: $70.3 million in plan assets across 1,435 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees Iuoe Local 324 Retirement Trust Fund 401(k) accounts?

Lincoln Financial (listed on the filing as LINCOLN NATIONAL CORPORATION) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Board Of Trustees Iuoe Local 324 Retirement Trust Fund. How do I access my 401(k)?

Your account stays with Lincoln Financial 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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