Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Painters District Coun Finishing Industries Retireme401(k)

PAINTERS DISTRICT COUNCIL NO. 30 FINISHING INDUSTRIES RETIREMENT SAVINGS FUND · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Board of Trustees Painters District Coun Finishing Industries Retireme reported $173,049 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,360 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 1.44% to 0.76%. 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 the 1,461st-largest of 3,702 plans among Illinois employers on file, and the 1,703rd of 5,337 in construction. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves; active participation has grown from 1,390 to 1,839 since 2022.

Plan summary
Net assets, end of year$25,671,637
Participants with balances1,352
Active participants1,839
Employer contributions$2,501,046
Employee contributions$1,576,021
Employer contribution per active participant$1,360
Average account balance$18,988
Benefits paid to participants$730,709
Plan auditUnmodified (clean) audit opinion
AuditorMACNELL ACCOUNTING & CONSULTING,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 1,352 accts · $2.5M emplr
2023$19.6M · 1,344 accts · $2.7M emplr
2022$14.2M · 1,305 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,814
Investment management$13,718
Audit (IQPA)$6,040
Trustee / custodial$1,598
Total administrative$173,049
The Board of Trustees Painters District Coun Finishing Industries Retireme 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$2,416
2024$1,360 per active participant
2023$1,476 per active participant
2022$1,824 per active participant

Board of Trustees Painters District Coun Finishing Industries Retireme's 2024 employer contribution ran below the $2,416 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 · 20243
STRATEGIC CAPITAL INV ADVISORS INC · Investment advisory (plan)$9,000
MACNELL ACCOUNTING & CONSULTING,LLP · Accounting / audit$8,147
AURORA FASTPRINT, INC. · Other services$5,403

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$173,049 · 0.76%
2023$170,462 · 1.01%
2022$188,227 · 1.44%
Similar plansConstruction · Illinois
Executive Construction Inc. IL$27.2M · 0.06%
Fcl Builders, LLC IL$26.0M · 0.56%
Plote Construction, Inc. IL$24.9M · 0.06%
Kroeschell, Inc. IL$24.1M · 0.33%
Ac Johnston LTD. IL$23.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832233608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.