Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees of the Rockford Pipe Trades Industry 401K Plan401(k)

ROCKFORD PIPE TRADES INDUSTRY 401K PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Bd of Trustees of the Rockford Pipe Trades Industry 401K Plan reported $162,702 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $5,416 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 0.37% to 0.34%. 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 881st-largest of 3,702 plans among Illinois employers on file, and the 1,022nd of 5,337 in construction. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has shrunk from 661 to 567 since 2022.

Plan summary
Net assets, end of year$52,235,327
Participants with balances717
Active participants567
Employer contributions$3,071,071
Employee contributions$2,873,115
Employer contribution per active participant$5,416
Average account balance$72,853
Benefits paid to participants$1,974,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 717 accts · $3.1M emplr
2023$43.2M · 637 accts · $2.5M emplr
2022$35.2M · 633 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,457
Investment management$118,196
Audit (IQPA)$9,300
Trustee / custodial$2,472
Total administrative$162,702
The Bd of Trustees of the Rockford Pipe Trades Industry 401K Plan 401(k) match · 2024
Employer contribution per active participant$5,416
Median for plans this size$2,416
2024$5,416 per active participant
2023$3,380 per active participant
2022$2,509 per active participant

Bd of Trustees of the Rockford Pipe Trades Industry 401K Plan'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 · 20247
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$12,731
EMPOWER ADVISORY GROUP, LLC · Investment management$30,820
STRATEGIC CAPITAL INV. ADVISORS · Investment advisory (plan)$23,625
BENEFITS MANAGEMENT GROUP, INC. · Plan administrator$8,026
JOHNSON & KROL LLC · Legal$7,250
AMALGAMATED BANK OF CHICAGO · Trustee$2,472

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

Recordkeeper by year2
2024LEGACY PROFESSIONALS LLP
2023LEGACY PROFESSIONALS LLP

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

Administrative cost history3
2024$162,702 · 0.34%
2023$153,770 · 0.39%
2022$142,602 · 0.37%
Similar plansConstruction · Illinois
Roadsafe Traffic Systems IL$59.5M · 0.50%
Leopardo Companies, Inc. IL$54.5M · 0.36%
Fhp Management, Inc. IL$50.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391951674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.