Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Iujat 401K Retirement Trust401(k)

INTERNATIONAL UNION OF JOURNEYMEN AND ALLIED TRADES 401(K) RETIREMENT PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Board of Trustees of Iujat 401K Retirement Trust reported $952,797 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $297 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 0.12% to 0.76%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 142nd-largest of 1,106 plans among Connecticut employers on file, and the 1,118th of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 6,605 to 25,248 since 2022.

Plan summary
Net assets, end of year$139,451,429
Participants with balances5,522
Active participants25,248
Employer contributions$7,501,567
Employee contributions$13,337,974
Employer contribution per active participant$297
Average account balance$25,254
Benefits paid to participants$8,182,101
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$139.5M · 5,522 accts · $7.5M emplr
2023$111.7M · 4,667 accts · $7.1M emplr
2022$86.4M · 3,401 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,184
Trustee / custodial$70
Total administrative$952,797
The Board of Trustees of Iujat 401K Retirement Trust 401(k) match · 2024
Employer contribution per active participant$297
Median for plans this size$3,635
2024$297 per active participant
2023$347 per active participant
2022$395 per active participant

Board of Trustees of Iujat 401K Retirement Trust's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

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 · 20243
INT'L UNION OF JOURNEYMEN & ALLIED · Other services$870,543
EMPOWER ANNUITY INSURANCE CO. · Contract administrator$67,184
MILLIMAN · Consulting$15,000

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$952,797 · 0.76%
2023$470,782 · 0.48%
2022$108,331 · 0.12%
Similar plansProfessional & Technical Services · Connecticut
Acuren Inspection, Inc. CT$148.7M · 0.21%
Sonalysts, Inc CT$145.7M · 0.02%
Wiggin & Dana LLP CT$130.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205201401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.