Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Mid-America Carp Reg Council Supplemental RetiremProfit-sharing plan

MID-AMERICA CARPENTERS REGIONAL COUNCIL SUPPLEMENTAL RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Board of Trustees of Mid-America Carp Reg Council Supplemental Retirem reported $2,578,421 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,810 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 fell from 0.19% to 0.14%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 48th-largest of 3,702 plans among Illinois employers on file, and the 22nd of 5,337 in construction.

Plan summary
Net assets, end of year$2,022,068,612
Participants with balances37,703
Active participants16,383
Employer contributions$177,106,546
Employee contributions—
Employer contribution per active participant$10,810
Average account balance$53,632
Benefits paid to participants$170,829,127
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 37,703 accts · $177.1M emplr
2023$1.8B · 36,991 accts · $167.6M emplr
2022$1.4B · 37,274 accts · $169.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,018,625
Investment management$22,500
Audit (IQPA)$33,180
Trustee / custodial$500
Total administrative$2,578,421
Employer contributions to the Board of Trustees of Mid-America Carp Reg Council Supplemental Retirem plan · 2024
Employer contribution per active participant$10,810
Median for plans this size$5,259
2024$10,810 per active participant
2023$10,751 per active participant
2022$10,420 per active participant

Board of Trustees of Mid-America Carp Reg Council Supplemental Retirem's 2024 employer contribution ran above the $5,259 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.

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 · 20249
MACRC BENEFIT FUND OFFICE LLC · Contract administrator · Recordkeeping$1,340,484
JOHN HANCOCK RETIREMENT PLAN SERVIC · Contract administrator · Recordkeeping$1,040,330
BRIDGEWAY BENEFIT TECHNOLOGIES · Recordkeeping$13,500
REINHART BOERNER VAN DEUREN · Legal$49,233
LEGACY PROFESSIONALS LLP · Accounting / audit$33,180
SEGAL MARCO ADVISORS · Investment advisory (plan)$11,250
ALAN BILLER AND ASSOCIATES, INC. · Investment advisory (plan)$11,250
REMKE PRINTING$10,397
GARY PERINAR JR. · Trusteeindirect comp

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

Recordkeeper by year2
2024BRIDGEWAY BENEFIT TECHNOLOGIES, John Hancock, MACRC BENEFIT FUND OFFICE LLC
2023BRIDGEWAY BENEFIT TECHNOLOGIES, CALIBRE, John Hancock, LEGACY PROFESSIONALS LLP, PENSION BENEFIT INFORMATION

This plan has changed recordkeepers within these filings. If you left Board of Trustees of Mid-America Carp Reg Council Supplemental Retirem 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$2,578,421 · 0.14%
2023$2,524,463 · 0.16%
2022$2,403,215 · 0.19%
Similar plansConstruction · Illinois

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800636673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.