Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Uw of a Deferred Compensation Plan401(k)

UTILITY WORKERS UNION OF AMERICA DEFERRED COMPENS PLAN · LANSING, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Board of Trustees of the Uw of a Deferred Compensation Plan reported $111,008 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $9,682 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 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 294th-largest of 2,619 plans among Michigan employers on file, and the 613th of 5,337 in construction. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has grown from 499 to 565 since 2022.

Plan summary
Net assets, end of year$100,362,016
Participants with balances594
Active participants565
Employer contributions$5,470,386
Employee contributions$4,926,803
Employer contribution per active participant$9,682
Average account balance$168,960
Benefits paid to participants$3,904,263
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.4M · 594 accts · $5.5M emplr
2023$81.2M · 507 accts · $4.6M emplr
2022$61.8M · 501 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,045
Investment management$10,000
Audit (IQPA)$16,500
Total administrative$111,008
The Board of Trustees of the Uw of a Deferred Compensation Plan 401(k) match · 2024
Employer contribution per active participant$9,682
Median for plans this size$3,635
2024$9,682 per active participant
2023$9,177 per active participant
2022$8,527 per active participant

Board of Trustees of the Uw of a Deferred Compensation Plan's 2024 employer contribution ran above the $3,635 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 · 20246
WATKINS, PAWLICK, CALATI & PRIFITI · Legal$32,642
CALIBRE CPA GROUP PLLC · Accounting / audit$16,500
LINCOLN NATIONAL CORPORATION$15,045
TIC MIDWEST · Plan administrator$13,503
MARQUETTE ASSOCIATES, INC · Investment advisory (plan)$10,000
TIC INTERNATIONAL CORPORATION · Plan administrator$5,748

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$111,008 · 0.12%
2023$70,598 · 0.10%
2022$62,174 · 0.10%
Similar plansConstruction · Michigan
The Oscar W. Larson Company MI$113.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061822042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.