Board of Trustees Insulators Local 45 Defined Contribution PensionMoney purchase plan
INSULATORS LOCAL 45 DEFINED CONTRIBUTION PENSION FUND · TROY, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Insulators Local 45 Defined Contribution Pension reported $249,812 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,727 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 0.574%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 562nd-largest of 2,619 plans among Michigan employers on file, and the 1,121st of 5,337 in construction. active participation has shrunk from 623 to 514 since 2022.
Board of Trustees Insulators Local 45 Defined Contribution Pension's 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 201144608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.