Heat and Frost Insulators Local 47 Retirement Savings Trust FundMoney purchase plan
HEAT AND FROST INSULATORS LOCAL 47 RETIREMENT SAVINGS PLAN · LANSING, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Heat and Frost Insulators Local 47 Retirement Savings Trust Fund reported $81,588 in plan administrative expenses for 2024: 13.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,554 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 1 year on file its reported administrative ratio rose from 11.57% to 13.68%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (2,482nd of 2,619), and 5,104th of 5,337 in construction.
Heat and Frost Insulators Local 47 Retirement Savings Trust Fund's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.
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 932682845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.