Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) Plan: Login, Facts & Contact Information
Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) Login
35 former Ibew Local Union 305 Pension Plan Board Of Trustees employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jun 1, 2024 – May 31, 2025), filed Mar 5, 2026. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.16 million went into the plan in contributions, $6.16 million of it from the employer (100%).
- $4.88 million was paid out to participants.
- Investment and other income added $8.24 million.
- Administrative expenses were $214,570, about $222 per account.
How the Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 741 | $63.7 million | $2.56 million | $3.37 million |
| 2020 | 762 | $83.5 million | $2.42 million | $3.19 million |
| 2021 | 789 | $78.8 million | $3.22 million | $2.34 million |
| 2022 | 818 | $76.3 million | $3.18 million | $5.31 million |
| 2023 | 843 | $89.7 million | $4.31 million | $5.54 million |
| 2024 | 855 | $99.0 million | $6.16 million | $4.88 million |
Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) Contact Information
Questions about the Ibew Local Union 305 Pension Plan Board Of Trustees 401(k)
Does Ibew Local Union 305 Pension Plan Board Of Trustees contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $6.16 million in employer contributions for plan year 2024.
Does the Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) plan?
855 participants at the start of plan year 2024, 861 of them active employees, and 35 former employees who still had money in the plan.
What is the average 401(k) balance at Ibew Local Union 305 Pension Plan Board Of Trustees?
About $102,368 per account: $99.0 million in plan assets across 967 accounts with a balance at the end of plan year 2024.
Who manages the Ibew Local Union 305 Pension Plan Board Of Trustees 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE CO. OF AM) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Ibew Local Union 305 Pension Plan Board Of Trustees. 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.