Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) Plan: Login, Facts & Contact Information
Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) Login
Retirement plan providers can change. This information is from the plan's 2024 filing.
Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 15, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $10.4 million went into the plan in contributions, $4.06 million of it from the employer (39%).
- $7.46 million was paid out to participants.
- Investment and other income added $12.1 million.
- Administrative expenses were $482,822, about $79 per account.
How the Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 4,384 | $98.4 million | $3.49 million | $6.47 million |
| 2020 | 4,914 | $97.8 million | $3.16 million | $13.7 million |
| 2021 | 4,947 | $111.6 million | $3.73 million | $5.77 million |
| 2022 | 5,422 | $103.8 million | $3.74 million | $6.37 million |
| 2023 | 5,554 | $117.0 million | $4.30 million | $7.51 million |
| 2024 | 5,925 | $131.6 million | $4.06 million | $7.46 million |
Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) Contact Information
Questions about the Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k)
Does Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $4.06 million in employer contributions for plan year 2024.
Does the Board Of Trustees Of The Ibew Local No. 716 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 Of The Ibew Local No. 716 Retirement Trust Fund 401(k) plan?
5,925 participants at the start of plan year 2024, 5,375 of them active employees.
What is the average 401(k) balance at Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund?
About $21,544 per account: $131.6 million in plan assets across 6,109 accounts with a balance at the end of plan year 2024.
Who manages the Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund. How do I access my 401(k)?
Your account stays with Empower 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.