Board of Trustees, Plumbers & Steamfitters Union Local No. 10Money purchase plan
PLUMBERS & STEAMFITTERS UNION LOCAL NO. 10 INDIVIDUAL ACCOUNT PLAN · GOODLETTSVILLE, TN · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees, Plumbers & Steamfitters Union Local No. 10 reported $214,783 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,664 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 0.42% to 0.39%. 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 256th-largest of 1,496 plans among Tennessee employers on file, and the 942nd of 5,337 in construction. active participation has shrunk from 1,505 to 1,293 since 2022.
Board of Trustees, Plumbers & Steamfitters Union Local No. 10's 2024 employer contribution ran below 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 541739199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.