PLUMBERS AND STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN PROFIT SHARING/401(K) PLAN · KAUKAUNA, WI · plan year 2024
Reported admin expense ratio · 2024
0.24%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees reported $1,065,930 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,682 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 0.32% to 0.24%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 69th-largest of 1,936 plans among Wisconsin employers on file, and the 148th of 5,337 in construction. In 2024, the employer put in $3.18 for every $1.00 employees contributed themselves; active participation has grown from 1,896 to 2,130 since 2022.
Plan summary
Net assets, end of year$476,695,583
Participants with balances2,411
Active participants2,130
Employer contributions$18,493,520
Employee contributions$5,820,680
Employer contribution per active participant$8,682
Employer contributions to the Board of Trustees plan · 2024
Employer contribution per active participant$8,682
Median for plans this size$4,294
2024$8,682 per active participant
2023$8,529 per active participant
2022$8,613 per active participant
Board of Trustees's 2024 employer contribution ran above the $4,294 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 · 202410
MILLIMAN, INC. · Recordkeeping$185,759
BENEFIT PLAN ADMINISTRATION · Plan administrator · Recordkeeping$64,498
JP MORGAN INVESTMENT MGMT, INC. · Investment advisory (plan) · Investment management$253,378
Source: U.S. Department of Labor, Form 5500 series, EIN 391511099 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.