Plan Ledger DOL Form 5500 · updated monthly

Bot Operative Plasterers and Cement Mason Local 394 DcMoney purchase plan

OPERATIVE PLASTERERS AND CEMENT MASONS LOCAL 394 DEFINED CONTRIBUTION PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Bot Operative Plasterers and Cement Mason Local 394 Dc reported $135,119 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $510 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 0.97% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 437th-largest of 1,285 plans among Arizona employers on file, and the 2,413th of 5,337 in construction. active participation has grown from 543 to 641 since 2022.

Plan summary
Net assets, end of year$15,452,676
Participants with balances641
Active participants641
Employer contributions$326,670
Employee contributions—
Employer contribution per active participant$510
Average account balance$24,107
Benefits paid to participants$606,254
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN MOFFITT BEHM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 641 accts · $327K emplr
2023$14.5M · 555 accts · $584K emplr
2022$13.2M · 543 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,200
Investment management$13,000
Audit (IQPA)$11,142
Trustee / custodial$15,429
Total administrative$135,119
Employer contributions to the Bot Operative Plasterers and Cement Mason Local 394 Dc plan · 2024
Employer contribution per active participant$510
Median for plans this size$2,416
2024$510 per active participant
2023$1,052 per active participant
2022$694 per active participant

Bot Operative Plasterers and Cement Mason Local 394 Dc's 2024 employer contribution ran below the $2,416 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 · 20247
SEGAL SELECT INSURANCE$40,936
SOUTHWEST SERVICE ADMIN, INC. · Contract administrator$31,579
BMO HARRIS · Custodial (securities)$17,951
THE SEGAL COMPANY · Consulting$13,000
ULRICH CONSULTING GROUP · Investment management$13,000
BALDWIN MOFFITT BEHM LLP · Accounting / audit$11,142
SPENCER FANE LLP · Legal$5,295

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$135,119 · 0.90%
2023$137,899 · 0.99%
2022$141,097 · 0.97%
Similar plansConstruction · Arizona
Rummel Construction, Inc. AZ$16.6M · 0.64%
Felix Construction Company AZ$15.0M · 0.60%
Wallcor Inc. AZ$14.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 516031325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.