Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k) Plan: Login, Facts & Contact Information

Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k) Plan Facts

Plan name
PENSION PLAN FOR THE LOCAL UNION NO. 131 INTERNATIONAL BROTHERHOOD OF ELECTRICAL WRKRS
Plan type
401(k) and profit sharing
Plan sponsor
BOARD OF TRUSTEES OF THE PEN. PLAN FOR THE LOCAL UNION NO. 131 IBEW
Participants
1,012 (1,006 active employees)
Former employees with a balance
0
Plan assets
$111,601,046 at Dec 31, 2024
Average account balance
$109,736 across 1,017 accounts
Employer contributions
$6,852,844 in plan year 2024 (95% of all contributions)
Recordkeeper
Wilson Mcshane 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.21 million went into the plan in contributions, $6.85 million of it from the employer (95%).
  • $8.70 million was paid out to participants.
  • Investment and other income added $10.7 million.
  • Administrative expenses were $230,259, about $226 per account.

How the Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019704$90.5 million$3.52 million$4.00 million
2020697$96.7 million$3.82 million$5.13 million
2021775$105.5 million$5.13 million$10.9 million
2022988$91.7 million$4.91 million$7.08 million
2023987$102.6 million$5.53 million$6.00 million
20241,012$111.6 million$6.85 million$8.70 million

Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k) Contact Information

Phone
855-633-4584
Mailing address
2002 LONDON ROAD, SUITE 300, DULUTH MN 55812
Plan sponsor
BOARD OF TRUSTEES OF THE PEN. PLAN FOR THE LOCAL UNION NO. 131 IBEW
Employer identification number (EIN)
38-6234993
Plan number
001

Questions about the Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k)

Does Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $6.85 million in employer contributions for plan year 2024.

Does the Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 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 Pen. Plan For The Local Union No. 131 Ibew 401(k) plan?

1,012 participants at the start of plan year 2024, 1,006 of them active employees.

What is the average 401(k) balance at Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew?

About $109,736 per account: $111.6 million in plan assets across 1,017 accounts with a balance at the end of plan year 2024.

Who manages the Board Of Trustees Of The Pen. Plan For The Local Union No. 131 Ibew 401(k) accounts?

WILSON MCSHANE CORPORATION 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 Pen. Plan For The Local Union No. 131 Ibew. How do I access my 401(k)?

Your account stays with WILSON MCSHANE CORPORATION 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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