Wisconsin › Other services › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
International Foundation Employees Retirement Plan
Sponsored by International Foundation of Employee Benefit Plans, Inc., Brookfield, WI
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.
International Foundation Employees Retirement Plan is a defined benefit pension plan sponsored by International Foundation of Employee Benefit Plans, Inc. of Brookfield, Wisconsin. For the plan year ending 31 Dec 2024 it reported 314 participants, 126 of them active, and net assets of $51.6M.
Net assets came to $164,234 per participant, well above the $87,254 median for defined benefit plans with 250 to 499 participants and well above the $110,377 median for defined benefit plans in other services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $1.4M for the year ($11,032 per active participant) and benefits paid were $3.2M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 12 service provider organisations paid $5,000 or more, with reported compensation of $204K: $650 per participant, well above the same-size median of $413. Administrative expenses charged to the plan were $244K. 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 $19.4M in 2009 to $51.6M in 2024 (up 166%), and participants from 150 to 314 (up 109%).
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 DB plans |
|---|---|---|---|---|
| Net assets per participant | $164,234 | $87,254 | $110,377 | $86,221 |
| Employer contributions per active participant | $11,032 | $11,032 | $13,001 | $10,244 |
| Schedule C compensation per participant | $650 | $413 | $486 | $344 |
| Schedule C compensation, share of net assets | 0.40% | 0.51% | 0.44% | 0.42% |
| Administrative expenses per participant | $776 | $596 | $662 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 250 to 499 participants (873 plans), other services (226) and all US plans (5,308). 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 | 314 | $51.6M | $164,232 | $1.4M | — | $204K |
| 2023 | 300 | $50.5M | $168,387 | $910K | — | $197K |
| 2022 | 280 | $48.6M | $173,668 | $1.5M | — | $142K |
| 2021 | 282 | $56.7M | $201,074 | $4.0M | — | $120K |
| 2020 | 284 | $48.3M | $170,155 | $183K | — | $126K |
| 2019 | 279 | $45.6M | $163,290 | $1.5M | — | $144K |
| 2018 | 270 | $40.0M | $148,096 | $1.2M | — | $133K |
| 2017 | 260 | $42.2M | $162,404 | $1.2M | — | $164K |
| 2016 | 255 | $38.3M | $150,071 | $1.1M | — | $172K |
| 2015 | 254 | $36.9M | $145,461 | $695K | — | $157K |
| 2014 | 242 | $37.4M | $154,512 | $2.7M | — | $188K |
| 2013 | 239 | $34.0M | $142,381 | $1.5M | — | $143K |
| 2012 | 236 | $28.7M | $121,602 | $2.0M | — | $127K |
| 2011 | 236 | $25.0M | $105,847 | $1.3M | — | $118K |
| 2010 | 233 | $25.3M | $108,597 | $1.1M | — | $89K |
| 2009 | 150 | $19.4M | $129,260 | $335K | — | $65K |
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$50,516,196
- Employer contributions$1,390,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$1,390,000
- Total income, including investment results$4,459,052
- Benefits paid$3,162,086
- Administrative expenses$243,689
- Total expenses$3,405,775
- Net income$1,053,277
- Net transfers$0
- Net assets, end of year$51,569,473
Participants
- Active participants126
- Retired or separated, receiving benefits129
- Retired or separated, entitled to future benefits51
- Total participants, end of year314
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| RVK Inc. | Investment advisory (plan) | $57,000 | $0 |
| Wellington Trust | Direct payment from the plan; Investment management fees paid directly by plan; 'Soft dollars' commissions | $23,222 | $0 |
| Legacy Professionals LLP | Accounting (including auditing) | $21,657 | $0 |
| New Tower Trust Company | Investment management | $21,235 | $0 |
| NB Alternatives Advisers, LLC | Investment management | $15,268 | $0 |
| Ir&m Long Govt Credit Fund | Investment management | $14,823 | $0 |
| Loomis Sayles Nhit | Investment management | $13,025 | $0 |
| Mesirow Financial Fund Viii | Investment management | $11,726 | $0 |
| United of Omaha Life Insurance Co. | Contract Administrator; Recordkeeping and information management; Participant communication; Other services | $8,993 | $0 |
| Milliman U.S.A | Actuarial; Consulting (general) | $8,278 | $0 |
| State Street Global Advisor Trust C | Custodial (securities); Investment management | $5,621 | $0 |
| Mesirow Financial Fund VI | Investment management | $3,171 | $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
- Investment advisory and management fees$174,461
- Other administrative expenses$30,300
- IQPA audit fees$21,657
- Contract administrator fees$8,993
- Actuarial fees$8,278
- Total administrative expenses$243,689
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.
- Common/collective trusts$29.6M · 57.3%
- 103-12 investment entities$9.9M · 19.3%
- Partnership/joint venture interests$6.6M · 12.8%
- Other investments$2.9M · 5.5%
- Receivables$1.4M · 2.6%
- Insurance company general account$1.3M · 2.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmLegacy Professionals LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- 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
1ABenefits are primarily pay related
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 813000: Religious, Grantmaking, Civic, Professional, & Similar Organizations (including condominium and homeowners associations).
Other plans of International Foundation of Employee Benefit Plans, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| International Foundation Employee Thrift Plan | 181 | $25.6M |
Similar plans in Wisconsin
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Chicagoland Race Meet Operators and Local 134 I.B.E.W. Joint Pension Trust | Trustees of Chicagoland Race Meet Operators and Local 134 IBEW JT Pen | 482 | $25.9M | $53,811 |
| Wisconsin Alumni Research Foundation Pension Plan | Wisconsin Alumni Research Foundation | 176 | $48.5M | $275,341 |
| Association of Equipment Manufacturers Pension Plan | Association of Equipment Manufacturers | 112 | $9.9M | $88,368 |
Defined benefit plans in other services closest in size.
Questions and answers
How big is International Foundation Employees Retirement Plan?
314 participants at the end of the plan year ending 31 Dec 2024, of whom 126 were active employees, with net assets of $51,569,473. Among defined benefit plans that places it in the 250 to 499 participants band, which held 873 plans in plan year 2024.
What does International Foundation of Employee Benefit Plans, Inc. contribute per participant?
The filing reports $1,390,000 in employer contributions for the year, which is $11,032 per active participant; the median for plans of the same type and size was $11,032 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $204,019 in compensation to service provider organisations, $650 per participant or 0.40% of net assets. The same-size median among plans reporting any Schedule C compensation was $413 per participant. Administrative expenses on Schedule H were $243,689. 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 International Foundation of Employee Benefit Plans, Inc.. Recordkeeping or administration: United of Omaha Life Insurance Co.. Investment advisory or management: RVK Inc., New Tower Trust Company and NB Alternatives Advisers, LLC. Trustee or custodian: State Street Global Advisor Trust C. The financial statements were audited by Legacy Professionals LLP. 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 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. 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 39-1034021, plan 003, received 15 Oct 2025; 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.