Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Colorado Pipe Industry Annuity401(k)

COLORADO PIPE INDUSTRY ANNUITY AND SALARY DEFERRAL TRUST · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Board of Trustees, Colorado Pipe Industry Annuity reported $402,870 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $662 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 0.64%. 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 188th-largest of 1,461 plans among Colorado employers on file, and the 854th of 5,337 in construction. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has shrunk from 1,976 to 1,743 since 2022.

Plan summary
Net assets, end of year$67,424,256
Participants with balances2,225
Active participants1,743
Employer contributions$1,153,840
Employee contributions$3,778,923
Employer contribution per active participant$662
Average account balance$30,303
Benefits paid to participants$4,046,924
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.4M · 2,225 accts · $1.2M emplr
2023$59.2M · 2,093 accts · $1.1M emplr
2022$50.8M · 1,971 accts · $866K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,236
Investment management$37,598
Audit (IQPA)$22,575
Trustee / custodial$237,082
Total administrative$402,870
The Board of Trustees, Colorado Pipe Industry Annuity 401(k) match · 2024
Employer contribution per active participant$662
Median for plans this size$3,635
2024$662 per active participant
2023$627 per active participant
2022$438 per active participant

Board of Trustees, Colorado Pipe Industry Annuity's 2024 employer contribution ran below the $3,635 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$237,082
PIPE IND H&W FUND OF COLORADO · Plan administrator$60,982
INNOVEST PORTFOLIO · Contract administrator · Investment advisory (plan)$37,598
MILLER KAPLAN ARASE LLP · Accounting / audit$26,811
SPENCER FANE LLP · Legal$7,215

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$402,870 · 0.64%
2023$353,573 · 0.64%
2022$371,145 · 0.65%
Similar plansConstruction · Colorado
Safebuilt, LLC CO$84.7M · 0.10%
Fci Constructors, Inc. CO$82.2M · 0.14%
Mwh Constructors, Inc. CO$67.7M · 0.20%
Rk Industries, LLC CO$66.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 846041803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.