Board of Trustees Central Illinois Carpenters Retirement Savings FundProfit-sharing plan
CENTRAL ILLINOIS CARPENTERS RETIREMENT SAVINGS FUN · LINCOLN, IL · plan year 2024
Reported admin expense ratio · 2024
0.24%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Central Illinois Carpenters Retirement Savings Fund reported $590,615 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,804 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 0.27% to 0.24%. 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 271st-largest of 3,702 plans among Illinois employers on file, and the 260th of 5,337 in construction.
Plan summary
Net assets, end of year$254,262,939
Participants with balances8,199
Active participants3,239
Employer contributions$18,799,271
Employee contributions—
Employer contribution per active participant$5,804
Average account balance$31,011
Benefits paid to participants$16,691,483
Plan auditUnmodified (clean) audit opinion
AuditorROMOLO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$254.3M · 8,199 accts · $18.8M emplr
2023$230.2M · 7,899 accts · $18.3M emplr
2022$201.1M · 7,538 accts · $16.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,197
Investment management$334,217
Audit (IQPA)$16,000
Total administrative$590,615
Employer contributions to the Board of Trustees Central Illinois Carpenters Retirement Savings Fund plan · 2024
Employer contribution per active participant$5,804
Median for plans this size$3,635
2024$5,804 per active participant
2023$5,605 per active participant
2022$5,374 per active participant
Board of Trustees Central Illinois Carpenters Retirement Savings Fund's 2024 employer contribution ran above 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 371234126 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.