Ila Local 1922-1/2062 Defined Contribution PlanMoney purchase plan
ILA LOCAL 1922-1/2062 DEFINED CONTRIBUTION PLAN · MIAMI, FL · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Ila Local 1922-1/2062 Defined Contribution Plan reported $161,777 in plan administrative expenses for 2023: 2.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,642 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 2.16% to 2.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,336th of 3,644), and 1,512th of 2,677 in transportation & warehousing.
Ila Local 1922-1/2062 Defined Contribution Plan's 2023 employer contribution ran above the $1,308 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 2023 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 651151970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.