Plan Ledger DOL Form 5500 · updated monthly

East Central Il Pipe Trades 401 (K) Plan401(k)

EAST CENTRAL ILLINOIS PIPE TRADES 401 K PLAN · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

East Central Il Pipe Trades 401 (K) Plan reported $98,300 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $424 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 0.44% to 0.65%. 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 among the smaller plans on file in Illinois (1,927th of 3,702), and the 2,350th of 5,337 in construction. In 2024, employees put in $5.54 for every $1.00 the employer contributed; active participation has grown from 281 to 344 since 2022.

Plan summary
Net assets, end of year$16,020,263
Participants with balances422
Active participants344
Employer contributions$146,024
Employee contributions$809,234
Employer contribution per active participant$424
Average account balance$37,963
Benefits paid to participants$1,193,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 422 accts · $146K emplr
2023$14.1M · 390 accts · $143K emplr
2022$11.9M · 281 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,988
Investment management$17,564
Audit (IQPA)$11,250
Total administrative$98,300
The East Central Il Pipe Trades 401 (K) Plan 401(k) match · 2024
Employer contribution per active participant$424
Median for plans this size$2,416
2024$424 per active participant
2023$420 per active participant
2022$253 per active participant

East Central Il Pipe Trades 401 (K) Plan'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 · 20245
PLUMBERS & PIPEFITTERS LOCAL 25 LLC · Plan administrator$24,045
JOHNSON AND KROL · Accounting / audit$22,597
INVESTMENT CONSULTING GROUP,INC$16,994
CALIBRE CPA GROUP PLLC · Accounting / audit$11,250

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$98,300 · 0.65%
2023$69,145 · 0.53%
2022$57,343 · 0.44%
Similar plansConstruction · Illinois
Feldco Factory Direct, LLC IL$15.8M · 0.78%
Gar Construction, LLC IL$15.3M · 0.48%
Rose Paving, LLC IL$15.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161648691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.