Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Plumbers and Pipefitters Local 99 401K Fund401(k)

PLUMBERS AND PIPEFITTERS LOCAL 99 401K FUND · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Board of Trustees of Plumbers and Pipefitters Local 99 401K Fund reported $85,589 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,411 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 0.599%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (1,921st of 3,702), and the 2,346th of 5,337 in construction. In 2024, the employer put in $1.60 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$16,056,805
Participants with balances417
Active participants257
Employer contributions$1,133,693
Employee contributions$709,870
Employer contribution per active participant$4,411
Average account balance$38,506
Benefits paid to participants$448,534
Plan auditUnmodified (clean) audit opinion
AuditorROMOLO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 417 accts · $1.1M emplr
2023$12.5M · 397 accts · $961K emplr
2022$9.3M · 366 accts · $875K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,714
Investment management$4,750
Audit (IQPA)$11,250
Total administrative$85,589
The Board of Trustees of Plumbers and Pipefitters Local 99 401K Fund 401(k) match · 2024
Employer contribution per active participant$4,411
Median for plans this size$2,416
2024$4,411 per active participant
2023$3,785 per active participant
2022$3,616 per active participant

Board of Trustees of Plumbers and Pipefitters Local 99 401K Fund's 2024 employer contribution ran above the $2,416 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 · 20244
P&P LOCAL 25 BENEFIT FUND LLC · Plan administrator$24,310
LANER MUCHIN, LTD · Legal$19,527
BAUM SIGMAN AUERBACH AND NEWMAN · Legal$11,593
ROMOLO & ASSOCIATES, LLC · Accounting / audit$11,250

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$85,589 · 0.60%
2023$65,405 · 0.60%
2022$57,349 · 0.60%
Similar plansConstruction · Illinois
Feldco Factory Direct, LLC IL$15.8M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364472995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.