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Original filing (PDF)20251002123007NAL0000732160002
IBEW LOCAL UNION 288 AND NECA IOWA CHAPTER, JOINT BOARD OF TRUSTEES
Form 5500
FILING_RECEIVED
IBEW LOCAL 288 RETIREMENT AND 401K PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
213
Accounts w/ balance
200
Plan assets (EOY)
$28.3M
Net assets (EOY)
$28.1M
How this plan invests
This plan
5 pooled trusts
Schedule D
12 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 42 bps in Schedule C fees — modestly above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for IBEW LOCAL UNION 288 AND NECA IOWA CHAPTER, JOINT BOARD OF TRUSTEES.
Plan sponsor
Name
IBEW LOCAL UNION 288 AND NECA IOWA CHAPTER, JOINT BOARD OF TRUSTEES
EIN
56-2364219
Address
1695 BURTON AVE · WATERLOO, IA · 50703
Phone
(319) 233-8050
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Name
IBEW LOCAL UNION 288 AND NECA IOWA CHAPTER, JOINT BOARD OF TRUSTEES
EIN
56-2364219
City
WATERLOO, IA
Phone
(319) 233-8050
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-02
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2J · 401(k) feature
2F · ERISA section 404(c)
Audit & trust (Schedule H)
Auditor
DEBOER & ASSOCIATES, PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsOther
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | — | $52K | — |
| INVESTMENT CONSULTING GROUP | 42-1358707 | — | — | $21K | — |
| DEBOER & ASSOCIATES, PC | 47-0836395 | — | — | $18K | — |
| BLAKE & UHLIG, P.A. | 48-0918231 | — | — | $15K | — |
| NORIDIAN BENEFITS PLAN ADMINISTRATO | 42-1386412 | — | — | $12K | — |
Investments
7 direct securities · 5 pooled funds· $27.9M(99% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$17.1M
7 holdings
Pooled Separate Account
$7.4M
4 holdings
Common Collective Trust
$3.4M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PRINCIPAL LARGE CAP S&P 500 INDEX PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 016 | Pooled Separate Account | — | — | $4.2M | 15.0% | |
| American Funds American Funds EuroPacific Growth R6 Fund | — | — | — | $4.0M | 14.1% | |
| PRINCIPAL STABLE VALUE Z FUND PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 93-6274328 / PN 001 | Common Collective Trust | — | — | $3.4M | 12.2% | |
| Vanguard Group Vanguard Midcap Value Index Fund | — | — | — | $3.0M | 10.5% | |
| Vanguard Group Vanguard Midcap Index Fund | — | — | — | $2.5M | 9.0% | |
| T. Rowe Price Funds T. Rowe Price Growth Stock I Fund | — | — | — | $2.5M | 9.0% | |
| PRINCIPAL CORE PLUS BOND PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 005 | Pooled Separate Account | — | — | $2.5M | 8.9% | |
| Janus International Holding, LLC Janus Balanced S Fund | — | — | — | $2.1M | 7.4% | |
| MFS Investment Management MFS Value R3 Fund | — | — | — | $1.9M | 6.6% | |
| Vanguard Group Vanguard Midcap Growth Index Fund | — | — | — | $1.1M | 3.8% | |
| PRINCIPAL U.S. PROPERTY PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 027 | Pooled Separate Account | — | — | $479K | 1.7% | |
| PRINCIPAL FIN GROUP, INC STK PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 086 | Pooled Separate Account | — | — | $128K | 0.5% |