Board of Trustees of Plumbers and Pipefitters Local Union 172401(k)

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

Board of Trustees of Plumbers and Pipefitters Local Union 172 reported $124,915 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $186 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 0.91%. 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 (2,076th of 3,702), and the 2,593rd of 5,337 in construction. In 2024, employees put in $6.50 for every $1.00 the employer contributed; active participation has grown from 370 to 470 since 2022.