Pennsylvania › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
IBEW Local No. 82 401 K Plan
Sponsored by IBEW Local No. 82 401 K Plan Electrical Workers Local No. 82, Pittsburgh, PA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Jun 2025, IBEW Local No. 82 401 K Plan covered 188 participants and held $12.6M in net assets. The plan is a 401(k) plan sponsored by IBEW Local No. 82 401 K Plan Electrical Workers Local No. 82 of Pittsburgh, Pennsylvania. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $66,870 per participant, above the $60,185 median for defined contribution plans with 100 to 249 participants and above the $54,962 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $69K: $365 per participant, well above the same-size median of $194. Administrative expenses charged to the plan were $82K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $4.9M in 2009 to $12.6M in 2024 (up 154%), and participants from 846 to 188 (down 78%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $66,870 | $60,185 | $54,962 | $53,102 |
| Employer contributions per active participant | — | $2,447 | $2,728 | $2,175 |
| Schedule C compensation per participant | $365 | $194 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.55% | 0.32% | 0.33% | 0.26% |
| Administrative expenses per participant | $436 | $176 | $166 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), construction (4,204) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 188 | $12.6M | $66,872 | — | $846K | $69K |
| 2023 | 180 | $12.0M | $66,761 | — | $660K | $68K |
| 2022 | 179 | $10.9M | $61,017 | — | $589K | $67K |
| 2021 | 184 | $9.7M | $52,973 | — | $509K | $57K |
| 2020 | 156 | $11.6M | $74,237 | — | $432K | $57K |
| 2019 | 150 | $10.5M | $69,993 | — | $473K | $54K |
| 2018 | 181 | $10.1M | $55,945 | — | $498K | $63K |
| 2017 | 157 | $10.0M | $63,401 | — | $394K | $64K |
| 2016 | 153 | $9.3M | $60,621 | — | $401K | $62K |
| 2015 | 145 | $8.8M | $61,000 | — | $491K | $46K |
| 2014 | 157 | $8.9M | $56,924 | — | $389K | $61K |
| 2013 | 722 | $8.4M | $11,604 | — | $349K | $39K |
| 2012 | 687 | $7.5M | $10,988 | — | $364K | $49K |
| 2011 | 701 | $6.3M | $9,056 | — | $372K | $45K |
| 2010 | 706 | $6.2M | $8,715 | — | $361K | $55K |
| 2009 | 846 | $4.9M | $5,844 | — | $386K | $50K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$12,016,935
- Employer contributions—
- Participant contributions$845,740
- Rollovers and other contributions—
- Total contributions$845,740
- Total income, including investment results$2,305,757
- Benefits paid$1,669,172
- Administrative expenses$81,948
- Total expenses$1,751,120
- Net income$554,637
- Net transfers$0
- Net assets, end of year$12,571,572
Participants
- Active participants167
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits21
- Participants with account balances188
- Total participants, end of year188
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Zenith American Solutions, Inc. | Claims processing | $48,620 | $0 |
| Clark, Schaefer, Hackett & Co. | Accounting (including auditing) | $19,946 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$46,944
- IQPA audit fees$19,946
- Investment advisory and management fees$6,953
- Other administrative expenses$6,007
- Legal fees$2,098
- Total administrative expenses$81,948
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$12.4M · 98.6%
- Cash (interest and non-interest bearing)$103K · 0.8%
- Receivables$66K · 0.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmClark, Schaefer, Hackett & Co.
- Participant contributions reported as transmitted lateYes, $22,525
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238210: Electrical Contractors.
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| York Excavating Co., LLC 401(k) Salary Savings Plan | York Excavating Co. LLC | 189 | $6.6M | $34,969 |
| Touch of Color Flooring, Inc. 401(k) Plan | Touch of Color Flooring, Inc. | 188 | $6.7M | $35,480 |
| Lobar Associates, Inc. Retirement Plan | Lobar Associates, Inc. | 190 | $11.8M | $61,970 |
| Berks New Homes, LLC 401(k) Profit Sharing Plan | Berks New Homes, LLC | 185 | $8.7M | $46,864 |
| Youngblood Paving, Inc. Profit Sharing Plan | Youngblood Paving, Inc. | 196 | $10.5M | $53,461 |
| DVL Group 401(k) Plan | DVL Group, Inc. | 185 | $27.2M | $147,058 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is IBEW Local No. 82 401 K Plan?
188 participants at the end of the plan year ending 30 Jun 2025, of whom 167 were active employees, with net assets of $12,571,572. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does IBEW Local No. 82 401 K Plan Electrical Workers Local No. 82 contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $68,566 in compensation to service provider organisations, $365 per participant or 0.55% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $81,948. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is IBEW Local No. 82 401 K Plan Electrical Workers Local No. 82. The financial statements were audited by Clark, Schaefer, Hackett & Co.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 13 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 31-0329975, plan 003, received 13 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.