Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Bricklayers of Indiana Retirement PlanProfit-sharing plan

BRICKLAYERS OF INDIANA RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Board of Trustees Bricklayers of Indiana Retirement Plan reported $575,344 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,177 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 rose from 0.28% to 0.31%. 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 79th-largest of 1,562 plans among Indiana employers on file, and the 349th of 5,337 in construction. active participation has grown from 971 to 1,628 since 2022.

Plan summary
Net assets, end of year$197,711,149
Participants with balances3,251
Active participants1,628
Employer contributions$13,311,793
Employee contributions—
Employer contribution per active participant$8,177
Average account balance$60,815
Benefits paid to participants$6,641,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$197.7M · 3,251 accts · $13.3M emplr
2023$175.7M · 2,476 accts · $10.6M emplr
2022$146.2M · 2,294 accts · $9.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,918
Investment management$261,281
Audit (IQPA)$19,396
Total administrative$575,344
Employer contributions to the Board of Trustees Bricklayers of Indiana Retirement Plan plan · 2024
Employer contribution per active participant$8,177
Median for plans this size$3,635
2024$8,177 per active participant
2023$9,080 per active participant
2022$9,829 per active participant

Board of Trustees Bricklayers of Indiana Retirement Plan's 2024 employer contribution ran above the $3,635 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
RICHARD J WOLF & COMPANY INC. · Recordkeeping$8,188
UMR · Contract administrator$164,730
GCM GROSVENOR L.P. · Investment management$78,212
MARINER INSTITUTIONAL LLC · Investment advisory (plan)$69,000
GARCIA HAMILTON & ASSOCIATES, L.P. · Investment management$59,929
ARNOLD AND KADJAN · Legal$51,020
JP MORGAN ASSET MANAGEMENT · Investment management$31,460
FIFTH THIRD BANK RETIREMENT SERVICE · Investment management$22,680
LEGACY PROFESSIONALS LLP · Accounting / audit$19,396
MATTHEW KWIATKOWSKI · Trustee$7,908

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

Administrative cost history3
2024$575,344 · 0.31%
2023$418,584 · 0.26%
2022$404,302 · 0.28%
Similar plansConstruction · Indiana
Ermco, Inc. IN$147.2M · 0.06%
Shiel Sexton Company, Inc. IN$127.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356267233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.