Board of Trustees, Iron Workers Local No. 25Profit-sharing plan

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

Board of Trustees, Iron Workers Local No. 25 reported $1,551,497 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,196 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 0.56% to 0.73%. 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 132nd-largest of 2,619 plans among Michigan employers on file, and the 292nd of 5,337 in construction. active participation has grown from 4,617 to 5,493 since 2022.