Board of Trustees Bac Local 15 Pension FundMoney purchase plan
BAC LOCAL UNION 15 SUPPLEMENTAL PLAN · KANSAS CITY, MO · plan year 2024
Reported admin expense ratio · 2024
0.47%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Bac Local 15 Pension Fund reported $287,942 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,862 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 0.52% to 0.47%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 278th-largest of 1,393 plans among Missouri employers on file, and the 891st of 5,337 in construction.
Plan summary
Net assets, end of year$62,722,431
Participants with balances2,231
Active participants674
Employer contributions$1,928,952
Employee contributions—
Employer contribution per active participant$2,862
Employer contributions to the Board of Trustees Bac Local 15 Pension Fund plan · 2024
Employer contribution per active participant$2,862
Median for plans this size$3,635
2024$2,862 per active participant
2023$2,789 per active participant
2022$2,283 per active participant
Board of Trustees Bac Local 15 Pension Fund's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 20248
LOOMIS SAYLES · Investment management$80,580
WILSON MCSHANE CORPORATION · Contract administrator$76,489
Source: U.S. Department of Labor, Form 5500 series, EIN 436102453 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.