Board Of Trustees Of The Ibew Local Union No. 271 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees Of The Ibew Local Union No. 271 401(k) Plan Facts

Plan name
IBEW LOCAL UNION 271 NECA 401(K) RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
TRUSTEES OF THE IBEW LOCAL UNION NO 271 NECA 401(K)RETIREMENT PLAN
Participants
853 (719 active employees)
Former employees with a balance
144
Plan assets
$170,570,484 at Jan 31, 2025
Average account balance
$195,161 across 874 accounts
Employer contributions
$6,978,362 in plan year 2024 (76% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Feb 1, 2024 – Jan 31, 2025
Plan established
Feb 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 (Feb 1, 2024 – Jan 31, 2025), filed Aug 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.18 million went into the plan in contributions, $6.98 million of it from the employer (76%).
  • $12.3 million was paid out to participants.
  • Investment and other income added $24.7 million.
  • Administrative expenses were $415,793, about $476 per account.

How the Board Of Trustees Of The Ibew Local Union No. 271 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019761$119.0 million$5.81 million$4.61 million
2020771$131.4 million$5.17 million$10.5 million
2021773$148.5 million$5.92 million$5.46 million
2022782$136.9 million$5.87 million$10.0 million
2023804$149.3 million$6.42 million$9.73 million
2024853$170.6 million$6.98 million$12.3 million

Board Of Trustees Of The Ibew Local Union No. 271 401(k) Contact Information

Phone
316-265-7067
Mailing address
810 W DOUGLAS, SUITE E, WICHITA KS 672036133
Plan sponsor
TRUSTEES OF THE IBEW LOCAL UNION NO 271 NECA 401(K)RETIREMENT PLAN
Employer identification number (EIN)
48-0859301
Plan number
002

Questions about the Board Of Trustees Of The Ibew Local Union No. 271 401(k)

Does Board Of Trustees Of The Ibew Local Union No. 271 contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $6.98 million in employer contributions for plan year 2024.

Does the Board Of Trustees Of The Ibew Local Union No. 271 401(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 Union No. 271 401(k) plan?

853 participants at the start of plan year 2024, 719 of them active employees, and 144 former employees who still had money in the plan.

What is the average 401(k) balance at Board Of Trustees Of The Ibew Local Union No. 271?

About $195,161 per account: $170.6 million in plan assets across 874 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees Of The Ibew Local Union No. 271 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) 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 Union No. 271. How do I access my 401(k)?

Your account stays with Principal 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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