Plan Ledger DOL Form 5500 · updated monthly

Colorado Contractors Open Shop Employers Master Retirement TrustProfit-sharing plan

COLORADO CONTRACTORS OPEN SHOP EMPLOYERS PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.01%

Colorado Contractors Open Shop Employers Master Retirement Trust reported $28,425 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. 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 1.36% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (2,266th of 2,619), and 4,566th of 5,337 in construction. active participation has shrunk from 412 to 366 since 2022.

Plan summary
Net assets, end of year$2,864,883
Participants with balances366
Active participants366
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$7,828
Benefits paid to participants$133,215
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN MOFFITT BEHM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 366 accts
2023$2.8M · 366 accts
2022$2.8M · 412 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,100
Investment management$4,697
Total administrative$28,425
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 · 20242
BENESYS · Contract administrator$16,305
SEGAL SELECT INSURANCE · Insurance services$7,423

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$28,425 · 1.01%
2023$33,360 · 1.19%
2022$39,602 · 1.36%
Similar plansConstruction · Michigan
Blasius Inc. MI$3.3M · 0.96%
Elite Fire Safety Inc MI$3.3M · 0.09%
Jde Concrete Inc. MI$3.0M · 0.44%
Hard Rock Stone Works MI$2.7M · 0.27%
Roco Management MI$2.7M · 1.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 516095686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.