Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees - Indiana Pipe Trades Dfnd Cont Pension Plan401(k)

INDIANA PIPE TRADES DEFINED CONTRIBUTION PENSION PLAN · TERRE HAUTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.28%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Bd of Trustees - Indiana Pipe Trades Dfnd Cont Pension Plan reported $239,658 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,746 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.16% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 165th-largest of 1,562 plans among Indiana employers on file, and the 661st of 5,337 in construction. In 2024, the employer put in $2.78 for every $1.00 employees contributed themselves; active participation has grown from 1,317 to 1,459 since 2022.

Plan summary
Net assets, end of year$91,808,165
Participants with balances1,464
Active participants1,459
Employer contributions$4,006,352
Employee contributions$1,442,545
Employer contribution per active participant$2,746
Average account balance$62,710
Benefits paid to participants$6,378,238
Plan auditUnmodified (clean) audit opinion
AuditorL.M. HENDERSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$91.8M · 1,464 accts · $4.0M emplr
2023$80.5M · 1,357 accts · $3.7M emplr
2022$66.3M · 1,319 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,053
Investment management$57,204
Audit (IQPA)$19,194
Trustee / custodial$365
Total administrative$239,658
The Bd of Trustees - Indiana Pipe Trades Dfnd Cont Pension Plan 401(k) match · 2024
Employer contribution per active participant$2,746
Median for plans this size$3,635
2024$2,746 per active participant
2023$2,720 per active participant
2022$2,461 per active participant

Bd of Trustees - Indiana Pipe Trades Dfnd Cont Pension Plan's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
NYHART · Recordkeeping$86,053
MATRIX FINANCIAL SOLUTIONS · Custodial (securities)$37,204
UNITED ACTUARIAL SERVICES, INC · Actuarial$21,808
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan)$20,000
L.M. HENDERSON & COMPANY, LLP · Accounting / audit$14,600

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024NYHART
2023NYHART

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Administrative cost history3
2024$239,658 · 0.28%
2023$258,261 · 0.35%
2022$120,983 · 0.16%
Similar plansConstruction · Indiana
Ibew Local Union 668 IN$96.0M · 0.21%
Traylor Bros., Inc. IN$83.8M · 0.18%
Bmwc Constructors, Inc. IN$81.0M · 0.18%
Gaylor Electric, Inc. IN$80.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351983939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.