Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Operating Engineers 112 Defined Contribution PensionProfit-sharing plan

OPERATING ENGINEERS LOCAL 112 DEFINED CONTRIBUTION PENSION PLAN · ANDERSON, IN · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Board of Trustees Operating Engineers 112 Defined Contribution Pension reported $256,098 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,916 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 0.44%. 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 249th-largest of 1,562 plans among Indiana employers on file, and the 919th of 5,337 in construction. active participation has shrunk from 1,166 to 1,025 since 2022.

Plan summary
Net assets, end of year$60,244,480
Participants with balances1,131
Active participants1,025
Employer contributions$5,038,541
Employee contributions—
Employer contribution per active participant$4,916
Average account balance$53,267
Benefits paid to participants$4,796,615
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.2M · 1,131 accts · $5.0M emplr
2023$56.4M · 1,084 accts · $5.6M emplr
2022$53.9M · 1,201 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,983
Investment management$92,703
Audit (IQPA)$50,497
Total administrative$256,098
Employer contributions to the Board of Trustees Operating Engineers 112 Defined Contribution Pension plan · 2024
Employer contribution per active participant$4,916
Median for plans this size$3,635
2024$4,916 per active participant
2023$5,219 per active participant
2022$4,168 per active participant

Board of Trustees Operating Engineers 112 Defined Contribution Pension's 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20248
MILLIMAN · Recordkeeping · Participant communication$44,438
JOHNSON INVESTMENT COUNSEL$51,471
CLIFTONLARSONALLEN LLP · Accounting / audit$50,497
IUOE LOCAL 112 · Plan administrator$33,523
SEIX INVESTMENT ADVISORS$27,232
INVESTMENT CONSULTING SERVICES, LLC$14,000
HAMMOND & SHINNERS PC · Legal$12,247
AMALGAMATED BANK · Custodial (securities)$9,545

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$256,098 · 0.44%
2023$262,280 · 0.48%
2022$268,806 · 0.46%
Similar plansConstruction · Indiana
Gene B. Glick Company, Inc. IN$61.0M · 0.14%
Centurion Industries, Inc. IN$60.2M · 0.28%
Performance Services, Inc. IN$52.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461563622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.