Plan Ledger DOL Form 5500 · updated monthly

Indpls. Chapter of Bricklayers Local No 4 of In/Ky(Iu of B & a C)DC plan

REVISED RETIREMENT PLAN OF THE INDIANAPOLIS CHAPTER OF BRICKLAYERS LOCAL NO. 4 OF IN/KY, I U OF B & A C · INDIANAPOLIS, IN · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Indpls. Chapter of Bricklayers Local No 4 of In/Ky(Iu of B & a C) reported $460,812 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,575 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 fell from 0.60% to 0.50%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 154th-largest of 1,562 plans among Indiana employers on file, and the 1,010th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$98,813,025
Participants with balances—
Active participants1,281
Employer contributions$5,861,005
Employee contributions—
Employer contribution per active participant$4,575
Average account balance—
Benefits paid to participants$5,451,177
Plan auditUnmodified (clean) audit opinion
AuditorL.M. HENDERSON & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$98.8M · $5.9M emplr
2022$83.8M · $5.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$103,628
Investment management$149,660
Audit (IQPA)$25,402
Trustee / custodial$8,295
Total administrative$460,812
Employer contributions to the Indpls. Chapter of Bricklayers Local No 4 of In/Ky(Iu of B & a C) plan · 2023
Employer contribution per active participant$4,575
Median for plans this size$3,659
2023$4,575 per active participant
2022$4,047 per active participant

Indpls. Chapter of Bricklayers Local No 4 of In/Ky(Iu of B & a C)'s 2023 employer contribution ran above the $3,659 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20237
HEALTHSCOPE BENEFITS · Contract administrator$93,827
MARINER INSTITUTIONAL, LLC · Consulting$48,000
OSBORN, CARRIERO & ASSOCIATES · Actuarial$21,000
LEDBETTER PARTNERS LLC · Legal$20,445
L.M. HENDERSON & COMPANY LLP · Accounting / audit$15,300
ARNOLD AND KADJAN, LLP · Legal$7,883
RICHARD J. WOLF & COMPANY · Accounting / audit$5,102

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$460,812 · 0.50%
2022$491,698 · 0.60%
Similar plansFinance & Insurance · Indiana
Allied Solutions, LLC IN$123.2M · 0.07%
Everwise Credit Union IN$94.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356074754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.