Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Alaska Carpenter Defined Contribution Trust FundMoney purchase plan

ALASKA CARPENTERS DEFINED CONTRIBUTION TRUST FUND · MERCER ISLAND, WA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Board of Trustees, Alaska Carpenter Defined Contribution Trust Fund reported $551,849 in plan administrative expenses for 2023: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,281 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 0.46% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 105th-largest of 1,714 plans among Washington employers on file, and the 334th of 5,337 in construction. In 2023, the employer put in $122.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$207,681,291
Participants with balances2,763
Active participants2,709
Employer contributions$8,888,726
Employee contributions$72,603
Employer contribution per active participant$3,281
Average account balance$75,165
Benefits paid to participants$13,986,518
Plan auditUnmodified (clean) audit opinion
AuditorWITHUSMITH+BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3.8M emplr
2023$207.7M · 2,763 accts · $8.9M emplr
2022$181.1M · 2,803 accts · $8.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$373,757
Investment management$43,741
Audit (IQPA)$31,966
Trustee / custodial$3,254
Total administrative$551,849
Employer contributions to the Board of Trustees, Alaska Carpenter Defined Contribution Trust Fund plan · 2023
Employer contribution per active participant$3,281
Median for plans this size$3,659
2023$3,281 per active participant
2022$3,304 per active participant

Board of Trustees, Alaska Carpenter Defined Contribution Trust Fund's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
MILLIMAN, INC. · Recordkeeping$175,513
WELFARE & PENSION ADMIN. SERVICE · Accounting / audit · Claims processing$193,641
BARLOW COUGHRAN MORALES & JOSEPHSON · Legal$47,401
R. V. KUHNS & ASOCIATES, INC. · Pension consulting · Investment advisory (plan)$43,741
WITHUMSMITH+BROWN,PC · Accounting / audit$31,966
LABOR TRUST SERVICES, INC · Contract administrator$8,832

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024Not separately reported
2023$551,849 · 0.28%
2022$938,512 · 0.46%
Similar plansConstruction · Washington
McKinstry Co. LLC WA$251.6M · 0.10%
Goodfellow Civil Corp. WA$174.2M · 0.07%
Goodfellow Bros., LLC. WA$126.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 926003157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.