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BOARD OF TRUSTEES, IBEW LOCAL 405 DEFERRED SAVINGS PLAN

Cedar Rapids, Iowa
500+ employees
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Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Ibew Local 405 Deferred Savings Plan
This plan provides above-average contributions and strong design features, helping employers stay competitive in hiring while supporting long-term retention.
BOARD OF TRUSTEES, IBEW LOCAL 405 DEFERRED SAVINGS PLAN
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$14,884
Avg Employer Contribution per Person per Year
Top Benefits
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Laggard
11%
1 Year Return
Below

Peer Group

Size
500+ employees
Region
Midwest/Upper Midwest
Industry
Construction

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Ibew Local 405 Deferred Savings Plan
Plan type
401k
Plan start date
01/01/1992
Plan assets
$262,466,089
Participation Rate
100.00 %
Loan %
0.00 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
No
Self-directed
No
Auto-Enroll
No
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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Just a few of the companies in your cohort

BOARD OF TRUSTEES STEAMFITTERS LOCAL UNION NO. 464BOARD OF TRUSTEES STEAMFITTERS LOCAL UNION NO. 464AMERICAN FIRE PROTECTION GROUPAMERICAN FIRE PROTECTION GROUPSTEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLANSTEAMFITTERS AND PLUMBERS LOCAL UNION NO 464 401(K) PLANBOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 PENSION PLANBOARD OF TRUSTEES PLUMBERS LOCAL UNION NO. 16 PENSION PLANMCGOUGH CONSTRUCTION CO, LLCMCGOUGH CONSTRUCTION CO, LLCPETERSON CONTRACTORS INC CORDELL PETERSONPETERSON CONTRACTORS INC CORDELL PETERSONKLINGER COMPANIES, INC.KLINGER COMPANIES, INC.VEIT & COMPANY, INC.VEIT & COMPANY, INC.MCCOWN GORDON CONSTRUCTION, L.L.C.MCCOWN GORDON CONSTRUCTION, L.L.C.KRAEMER NORTH AMERICA, INC.KRAEMER NORTH AMERICA, INC.

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