Boilermakers Lodge 154 Retirement PlanMoney purchase plan
BOILERMAKERS LODGE 154 RETIREMENT PLAN · BLOOMINGTON, MN · plan year 2023
Reported admin expense ratio · 2023
0.53%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Boilermakers Lodge 154 Retirement Plan reported $798,993 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $691 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 0.84% to 0.79%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other construction employers. By assets it is the 195th-largest of 1,918 plans among Minnesota employers on file, and the 428th of 5,337 in construction.
Employer contributions to the Boilermakers Lodge 154 Retirement Plan plan · 2023
Employer contribution per active participant$691
Median for plans this size$3,659
2024$716 per active participant
2023$691 per active participant
2022$1,154 per active participant
Boilermakers Lodge 154 Retirement Plan's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 251340130 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.