Board of Trustees of Plumbers Local 55 Defined Contribution RetirementProfit-sharing plan

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

Board of Trustees of Plumbers Local 55 Defined Contribution Retirement reported $288,947 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,838 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 1.00% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 758th-largest of 3,295 plans among Ohio employers on file, and the 536th of 3,341 in other services. In 2024, the employer put in $16.44 for every $1.00 employees contributed themselves; active participation has grown from 704 to 914 since 2022.