Plan Ledger DOL Form 5500 · updated monthly

International Assoc. of Heat & Frost Insulators & Asbestos Workers No.DC plan

HEAT & FROST & ALLIED WORKERS NO. 21 PENSION PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

International Assoc. of Heat & Frost Insulators & Asbestos Workers No. reported $144,647 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,692 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 0.95% to 0.77%. 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 the 2,036th-largest of 5,688 plans among Texas employers on file, and the 2,033rd of 5,337 in construction.

Plan summary
Net assets, end of year$19,728,746
Participants with balances—
Active participants64
Employer contributions$556,261
Employee contributions—
Employer contribution per active participant$8,692
Average account balance—
Benefits paid to participants$983,441
Plan auditUnmodified (clean) audit opinion
AuditorEDWARDS AND LEATHERS, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$19.7M · $556K emplr
2023$17.7M · $432K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,812
Investment management$18,000
Audit (IQPA)$10,000
Trustee / custodial$882
Total administrative$144,647
Employer contributions to the International Assoc. of Heat & Frost Insulators & Asbestos Workers No. plan · 2024
Employer contribution per active participant$8,692
Median for plans this size$2,416
2024$8,692 per active participant
2023$7,449 per active participant

International Assoc. of Heat & Frost Insulators & Asbestos Workers No.'s 2024 employer contribution ran above the $2,416 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.

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
THE SEGAL CO · Actuarial · Pension consulting$55,362
BENEFIT RESOURCES, INC · Contract administrator$31,400
RTW FINANCIAL ADVISORS · Investment advisory (plan)$18,000
EDWARDS AND LEATHERS, P.C. · Accounting / audit$11,500
ROBIEN, URANN, SPENCER, PICARD · Legal$11,211

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

Administrative cost history2
2024$144,647 · 0.77%
2023$159,215 · 0.95%
Similar plansConstruction · Texas
Cody Pools, Inc. TX$20.8M · 0.87%
Hellas Construction , Inc. TX$20.4M · 0.56%
Potter Holdings Inc TX$20.4M · 0.71%
Cec Electrical, Inc. TX$19.7M · 0.83%
Beyer Services, LLC TX$19.2M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 750355302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.