Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Plumbers Local Union No. 16 Defined Contribution Pla401(k)

PLUMBERS LOCAL UNION NO. 16 DEFINED CONTRIBUTION PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.31%

Board of Trustees Plumbers Local Union No. 16 Defined Contribution Pla reported $118,878 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. 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 0.50% to 0.31%. 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 157th-largest of 565 plans among Nebraska employers on file, and the 1,256th of 5,337 in construction. active participation has grown from 272 to 531 since 2022.

Plan summary
Net assets, end of year$39,349,201
Participants with balances407
Active participants531
Employer contributions—
Employee contributions$1,457,371
Employer contribution per active participant—
Average account balance$96,681
Benefits paid to participants$967,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 407 accts
2023$37.4M · 397 accts
2022$29.6M · 379 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,406
Investment management$6,490
Audit (IQPA)$26,600
Trustee / custodial$4,181
Total administrative$118,878
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$48,406
LUTZ · Accounting / audit$26,600
RELATION INSURANCE SER · Accounting / audit$13,887
KUTAK ROCK LLP · Legal$11,408
MARQUETTE ASSOCIATES · Investment advisory (plan)$6,490
PLUMBERS LOCAL UNION NO. 16 · Contract administrator$6,000

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$118,878 · 0.31%
2023$138,143 · 0.41%
2022$155,215 · 0.50%
Similar plansConstruction · Nebraska
Thrasher, Inc. NE$35.6M · 0.45%
Cdm Investment Group, Inc. NE$34.8M · 0.80%
Landscapes Unlimited, LLC NE$34.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470822012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.