Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, U.A. Locals 375/367 Supplemental Pension Trust401(k)

U.A. LOCALS NO. 375 AND 367 SUPPLEMENTAL TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Board of Trustees, U.A. Locals 375/367 Supplemental Pension Trust reported $376,669 in plan administrative expenses for 2024: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $974 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 rose from 0.34% 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 99th-largest of 1,021 plans among Oregon employers on file, and the 598th of 5,337 in construction. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 1,866 to 2,244 since 2022.

Plan summary
Net assets, end of year$102,383,836
Participants with balances2,295
Active participants2,244
Employer contributions$2,185,906
Employee contributions$2,039,300
Employer contribution per active participant$974
Average account balance$44,612
Benefits paid to participants$7,118,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.4M · 2,295 accts · $2.2M emplr
2023$92.4M · 2,059 accts · $1.4M emplr
2022$79.7M · 1,953 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$182,058
Investment management$61,059
Audit (IQPA)$20,746
Trustee / custodial$23,669
Total administrative$376,669
The Board of Trustees, U.A. Locals 375/367 Supplemental Pension Trust 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$3,635
2024$974 per active participant
2023$707 per active participant
2022$536 per active participant

Board of Trustees, U.A. Locals 375/367 Supplemental Pension Trust's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

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 · 20248
MILLIMAN, INC · Recordkeeping$120,487
MATRIX TRUST COMPANY · Custodial (securities)$59,712
BENESYS, INC. · Contract administrator$56,136
VERUS · Investment advisory (plan)$25,000
BARLOW COUGHRAN MORALES & JOSEPHSON · Legal$21,260
CLIFTONLARSONALLEN, LLP · Accounting / audit$19,748
WITHUM SMITH+BROWN,PC · Accounting / audit$14,315
TUCKER ARENSBERG, P.C. · Legal$14,133

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$376,669 · 0.39%
2023$332,579 · 0.39%
2022$306,075 · 0.34%
Similar plansConstruction · Oregon
Walsh Construction Co. OR$158.7M · 0.03%
Fortis Construction Inc. OR$66.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920150923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.