Board of Trustees - Sheet Metal Workers Local 219 R.S.P.Money purchase plan
SHEET METAL WORKERS LOCAL 219 RETIREMENT SAVINGS FUND · ROCKFORD, IL · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees - Sheet Metal Workers Local 219 R.S.P. reported $256,525 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,877 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 0.130%. 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 320th-largest of 3,702 plans among Illinois employers on file, and the 328th of 5,337 in construction.
Board of Trustees - Sheet Metal Workers Local 219 R.S.P.'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.
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.
This plan has changed recordkeepers within these filings. If you left Board of Trustees - Sheet Metal Workers Local 219 R.S.P. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 364343290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.