Board of Trustees West Mi Plumbers Local Union No 174 401(K) Plan401(k)
WEST MICHIGAN PLUMBERS FITTERS & SERVICE TRADES LOCAL UNION NO 174 401(K) RETIREMENT SAVINGS PLAN · TROY, MI · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees West Mi Plumbers Local Union No 174 401(K) Plan reported $212,187 in plan administrative expenses for 2024: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,086 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 fell from 0.47% to 0.41%. 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 486th-largest of 2,619 plans among Michigan employers on file, and the 992nd of 5,337 in construction. In 2024, the employer put in $3.03 for every $1.00 employees contributed themselves.
Board of Trustees West Mi Plumbers Local Union No 174 401(K) Plan's 2024 employer contribution ran below 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.
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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 381796240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.