Bd of Trustees - Millwright L.U. No. 1554 Supplemental Pension PlanMoney purchase plan
MILLWRIGHT L.U. NO. 1554 SUPPLEMENTAL PENSION PLAN · GOODLETTSVILLE, TN · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Bd of Trustees - Millwright L.U. No. 1554 Supplemental Pension Plan reported $105,384 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $1,375 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 1 year on file its reported administrative ratio fell from 0.31% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 324th-largest of 1,496 plans among Tennessee employers on file, and the 1,220th of 5,337 in construction. active participation has grown from 1,734 to 2,172 since 2022.
Bd of Trustees - Millwright L.U. No. 1554 Supplemental Pension Plan's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 621630603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.