Int'l Union of Operating Engineers Local 25 Marine Division Annuity Pl401(k)

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

Int'l Union of Operating Engineers Local 25 Marine Division Annuity Pl reported $541,478 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,647 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 fell from 0.89% to 0.56%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 367th-largest of 2,419 plans among New Jersey employers on file, and the 602nd of 5,337 in construction. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 1,191 to 1,366 since 2022.