Board of Trustees Boilermakers National AnnuityProfit-sharing plan
BOILERMAKERS NATIONAL ANNUITY TRUST · KANSAS CITY, MO · plan year 2024
Reported admin expense ratio · 2024
0.63%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Boilermakers National Annuity reported $7,841,668 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,008 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 3 years on file its reported administrative ratio has held roughly steady near 0.63%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 23rd-largest of 1,393 plans among Missouri employers on file, and the 45th of 5,337 in construction. active participation has grown from 18,088 to 27,657 since 2022.
Plan summary
Net assets, end of year$1,275,754,900
Participants with balances29,668
Active participants27,657
Employer contributions$83,199,184
Employee contributions—
Employer contribution per active participant$3,008
Employer contributions to the Board of Trustees Boilermakers National Annuity plan · 2024
Employer contribution per active participant$3,008
Median for plans this size$5,259
2024$3,008 per active participant
2023$4,583 per active participant
2022$4,644 per active participant
Board of Trustees Boilermakers National Annuity's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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 · 202412
PGIM RETIREMENT REAL ESTATE FUND II · Recordkeeping · Investment management$412,297
WILSON MCSHANE CORPORATION · Plan administrator$1,110,542
BANK OF LABOR · Custodial (securities) · Investment management$1,034,144
JPMORGAN CHASE BANK, NATIONAL ASSOC · Trustee (discretionary) · Investment advisory (plan)$544,197
Source: U.S. Department of Labor, Form 5500 series, EIN 481029345 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.