Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Nw Ohio Carp Mw Pd SupplementalMoney purchase plan

NORTHWEST OHIO CARPENTERS, MILLWRIGHTS AND PILE DRIVERS SUPPLEMENTAL PENSION PLAN · HOLLAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Board of Trustees Nw Ohio Carp Mw Pd Supplemental reported $621,234 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,672 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 0.183%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 136th-largest of 3,295 plans among Ohio employers on file, and the 201st of 5,337 in construction. active participation has grown from 2,240 to 2,554 since 2022.

Plan summary
Net assets, end of year$353,548,981
Participants with balances6,255
Active participants2,554
Employer contributions$17,041,460
Employee contributions—
Employer contribution per active participant$6,672
Average account balance$56,523
Benefits paid to participants$24,489,168
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$353.5M · 6,255 accts · $17.0M emplr
2023$323.9M · 5,774 accts · $15.6M emplr
2022$295.6M · 5,764 accts · $14.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$182,292
Investment management$309,552
Audit (IQPA)$12,500
Total administrative$621,234
Employer contributions to the Board of Trustees Nw Ohio Carp Mw Pd Supplemental plan · 2024
Employer contribution per active participant$6,672
Median for plans this size$4,294
2024$6,672 per active participant
2023$6,432 per active participant
2022$6,663 per active participant

Board of Trustees Nw Ohio Carp Mw Pd Supplemental's 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20248
NOA · Contract administrator$240,306
FRONTIER CAPITAL MANAGEMENT$92,973
KEY BANK NATIONAL ASSOCIATION · Custodial (securities)$62,738
MEKETA INVESTMENT GROUP · Investment advisory (plan)$60,000
OHIO CAPENTERS' FRINGE BENEFIT FUND$26,558
HUNTINGTON INSURANCE · Insurance broker · Insurance services$25,257
SHUMAKER LOOP KENDRICK · Legal$23,035
CLARK, SCHAEFER, HACKETT & CO. · Accounting / audit$12,500

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$621,234 · 0.18%
2023$710,485 · 0.23%
2022$525,269 · 0.18%
Similar plansConstruction · Ohio
Messer Inc. OH$650.6M · 0.06%
M/I Homes, Inc. OH$216.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 341697633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.