Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, U.A. Union Local No. 290 Plumber,401(k)

UNITED ASSOCIATION UNION LOCAL NO. 290 PLUMBER, STEAMFITTER AND SHIPFITTER INDUSTRY 401(K) PLAN · TUALATIN, OR · plan year 2024

Reported admin expense ratio · 2024
0.15%

Board of Trustees, U.A. Union Local No. 290 Plumber, reported $317,883 in plan administrative expenses for 2024: 0.15% 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 rose from 0.11% to 0.15%. 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 50th-largest of 1,021 plans among Oregon employers on file, and the 288th of 5,337 in construction.

Plan summary
Net assets, end of year$235,614,154
Participants with balances3,115
Active participants3,088
Employer contributions—
Employee contributions$15,821,665
Employer contribution per active participant—
Average account balance$75,639
Benefits paid to participants$11,772,999
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$235.6M · 3,115 accts
2023$201.5M · 2,515 accts
2022$166.0M · 2,515 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,784
Investment management$147,566
Audit (IQPA)$21,170
Trustee / custodial$4,637
Total administrative$317,883
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
JOHN HANCOCK RETIREMENT PLAN SERV. · Recordkeeping$108,221
ZENITH AMERICAN SOLUTIONS · Contract administrator · Participant communication$62,356
NUWEST INSURANCE SERVICES · Insurance broker$41,281
VERUS ADVISORY, INC. · Pension consulting · Investment advisory (plan)$39,345
MILLER KAPLAN ARASE LLP · Accounting / audit$21,170
BARLOW COUGHRAN MORALES & JOSEPHSON · Legal$19,680

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

Recordkeeper by year2
2024John Hancock
2023ZENITH AMERICAN SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Board of Trustees, U.A. Union Local No. 290 Plumber, 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).

Administrative cost history3
2024$317,883 · 0.15%
2023$238,006 · 0.13%
2022$195,533 · 0.11%
Similar plansConstruction · Oregon
Hoffman Corporation OR$205.9M · 0.00%
Ibew LU-1141 Pension Trust OR$188.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931143757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.