Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees - Indiana Laborers Dc PlanProfit-sharing plan

INDIANA LABORERS DEFINED CONTRIBUTION TRUST FUND · TERRE HAUTE, IN · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Board of Trustees - Indiana Laborers Dc Plan reported $569,611 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $612 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 0.99% to 1.04%. 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 250th-largest of 1,562 plans among Indiana employers on file, and the 924th of 5,337 in construction.

Plan summary
Net assets, end of year$59,716,240
Participants with balances15,678
Active participants15,678
Employer contributions$9,593,197
Employee contributions—
Employer contribution per active participant$612
Average account balance$3,809
Benefits paid to participants$3,186,144
Plan auditUnmodified (clean) audit opinion
AuditorSACKRIDER & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$59.7M · 15,678 accts · $9.6M emplr
2023$49.4M · 15,644 accts · $9.3M emplr
2022$41.6M · 15,349 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$306,425
Investment management$52,618
Audit (IQPA)$18,750
Trustee / custodial$140,753
Total administrative$569,611
Employer contributions to the Board of Trustees - Indiana Laborers Dc Plan plan · 2024
Employer contribution per active participant$612
Median for plans this size$3,635
2024$612 per active participant
2023$592 per active participant
2022$568 per active participant

Board of Trustees - Indiana Laborers Dc Plan'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 · 20246
INDIANA LABORERS WELFARE FUND · Contract administrator$303,634
MARQUETTE ASSOCIATES · Investment advisory (plan)$52,618
AMERICAN REALTY ADVISORS · Investment management$48,306
SACKRIDER & COMPANY, INC. · Accounting / audit$21,489
LEDBETTER PARISI LLC · Legal$10,667
IFM INVESTORS PTY LTD. · Investment managementindirect comp

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$569,611 · 1.04%
2023$432,686 · 0.95%
2022$376,420 · 0.99%
Similar plansConstruction · Indiana
Gene B. Glick Company, Inc. IN$61.0M · 0.14%
Centurion Industries, Inc. IN$60.2M · 0.28%
Performance Services, Inc. IN$52.2M · 0.27%
Badger Daylighting Corp. IN$45.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465396452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.