Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Cement Masons and Plasterers Local 518 Defined CoProfit-sharing plan

CEMENT MASONS AND PLASTERERS LOCAL 518 DEFINED CONTRIBUTION FUND · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Board of Trustees of Cement Masons and Plasterers Local 518 Defined Co reported $354,793 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,492 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 0.44% to 0.53%. 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 256th-largest of 1,393 plans among Missouri employers on file, and the 830th of 5,337 in construction. active participation has shrunk from 1,091 to 749 since 2022.

Plan summary
Net assets, end of year$70,198,809
Participants with balances1,553
Active participants749
Employer contributions$4,862,213
Employee contributions—
Employer contribution per active participant$6,492
Average account balance$45,202
Benefits paid to participants$5,528,274
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER HELM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$70.2M · 1,553 accts · $4.9M emplr
2023$63.5M · 1,486 accts · $4.6M emplr
2022$54.6M · 1,412 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,800
Investment management$190,680
Audit (IQPA)$37,678
Total administrative$354,793
Employer contributions to the Board of Trustees of Cement Masons and Plasterers Local 518 Defined Co plan · 2024
Employer contribution per active participant$6,492
Median for plans this size$3,635
2024$6,492 per active participant
2023$5,897 per active participant
2022$3,911 per active participant

Board of Trustees of Cement Masons and Plasterers Local 518 Defined Co's 2024 employer contribution ran above the $3,635 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 · 20246
EKON BENEFITS · Custodial (securities) · Recordkeeping$180,748
WILSON-MCSHANE · Plan administrator$69,773
ARNOLD, NEWBOLD, SOLLARS & HOLLINS · Legal$43,242
CONSTRUCTION BENEFITS AUDIT CORPORA · Accounting / audit$20,290
ANDERS CPAS · Accounting / audit$20,000
MARQUETTE ASSOCIATES · Investment advisory (plan)$10,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EKON BENEFITS
2023COMPUSYS OF UTAH, INC, EKON BENEFITS

This plan has changed recordkeepers within these filings. If you left Board of Trustees of Cement Masons and Plasterers Local 518 Defined Co before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$354,793 · 0.53%
2023$220,728 · 0.37%
2022$231,574 · 0.44%
Similar plansConstruction · Missouri
Murphy Corporation MO$94.0M · 0.02%
Sachs Electric Company MO$72.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 436098247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.