Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees of the Decorators L17U C/O United Steel Workers of Amer401(k)

DECORATORS UNION LOCAL 17U SUPPLEMENTAL PENSION PLAN · BURR RIDGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Bd of Trustees of the Decorators L17U C/O United Steel Workers of Amer reported $82,799 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $6,700 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 fell from 0.49% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,435th-largest of 3,702 plans among Illinois employers on file, and the 1,669th of 5,337 in construction. In 2024, the employer put in $2.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$26,402,440
Participants with balances344
Active participants344
Employer contributions$2,304,898
Employee contributions$937,965
Employer contribution per active participant$6,700
Average account balance$76,751
Benefits paid to participants$901,404
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 344 accts · $2.3M emplr
2023$21.5M · 341 accts · $1.5M emplr
2022$18.4M · 332 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,391
Investment management$24,000
Audit (IQPA)$14,200
Total administrative$82,799
The Bd of Trustees of the Decorators L17U C/O United Steel Workers of Amer 401(k) match · 2024
Employer contribution per active participant$6,700
Median for plans this size$2,416
2024$6,700 per active participant
2023$4,347 per active participant
2022$5,520 per active participant

Bd of Trustees of the Decorators L17U C/O United Steel Workers of Amer's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
NATIONWIDE · Custodial (securities) · Recordkeeping$31,193
THOMAS J PARAVOLA · Legal$16,000
LEGACY PROFESSIONALS LLP · Accounting / audit$14,200
THE PENSION SPECIALISTS · Contract administrator$14,198

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,799 · 0.35%
2023$80,589 · 0.40%
2022$81,918 · 0.49%
Similar plansConstruction · Illinois
The Morse Group, Inc. IL$28.8M · 0.39%
Nti Connect, LLC IL$28.2M · 0.29%
Executive Construction Inc. IL$27.2M · 0.06%
Fcl Builders, LLC IL$26.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364176029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.