Board of Trustees Iuoe Local 57Profit-sharing plan
IUOE LOCAL 57 ANNUITY PLAN · JOHNSTON, RI · plan year 2025
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Iuoe Local 57 reported $396,125 in plan administrative expenses for 2025: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,505 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 fell from 0.32% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 32nd-largest of 286 plans among Rhode Island employers on file, and the 434th of 5,337 in construction. active participation has grown from 938 to 1,080 since 2022.
Board of Trustees Iuoe Local 57's 2025 employer contribution ran above the $4,093 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 2025 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 050446832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.