Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Ua Local 125 Retirement Savings Plan401(k)

UA LOCAL 125 RETIREMENT SAVINGS PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Board of Trustees Ua Local 125 Retirement Savings Plan reported $295,185 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,850 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 0.17% to 0.19%. 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 59th-largest of 878 plans among Iowa employers on file, and the 409th of 5,337 in construction. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$164,370,495
Participants with balances1,287
Active participants1,077
Employer contributions$6,300,072
Employee contributions$4,038,780
Employer contribution per active participant$5,850
Average account balance$127,716
Benefits paid to participants$10,173,148
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$164.4M · 1,287 accts · $6.3M emplr
2023$146.3M · 1,242 accts · $5.5M emplr
2022$122.6M · 1,177 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,215
Investment management$77,500
Audit (IQPA)$40,619
Total administrative$295,185
The Board of Trustees Ua Local 125 Retirement Savings Plan 401(k) match · 2024
Employer contribution per active participant$5,850
Median for plans this size$3,635
2024$5,850 per active participant
2023$5,256 per active participant
2022$5,160 per active participant

Board of Trustees Ua Local 125 Retirement Savings Plan's 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20244
REINHART BOERNER VAN DEUREN · Legal$88,197
MEKETA INVESTMENT GROUP INC. · Investment advisory (plan)$77,500
CLIFTONLARSONALLEN LLP · Accounting / audit$40,619
EASTERN IOWA FRINGE BENEFITS · Contract administrator$36,000

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$295,185 · 0.19%
2023$229,257 · 0.17%
2022$220,243 · 0.17%
Similar plansConstruction · Iowa
Baker Mechanical, Inc. IA$227.8M · 0.09%
The Waldinger Corporation IA$198.7M · 0.07%
The Weitz Company, LLC IA$149.6M · 0.14%
Harbor Group Inc. IA$141.5M · 0.16%
Manatts, Inc. IA$130.7M · 0.10%
Peterson Contractors, Inc. IA$76.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421497403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.