Board of Trustees, Steamfitters Local #449 Retirement Security Fund401(k)

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

Board of Trustees, Steamfitters Local #449 Retirement Security Fund reported $495,289 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,189 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 0.128%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 183rd-largest of 3,651 plans among Pennsylvania employers on file, and the 175th of 5,337 in construction. In 2024, the employer put in $14.08 for every $1.00 employees contributed themselves.