Plan Ledger DOL Form 5500 · updated monthly

Iron Workers District Council of Southern Ohio & VicinityMoney purchase plan

IRON WORKERS DISTRICT COUNCIL OF SO OH & VICINITY ANNUITY TRUST · VANDALIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Iron Workers District Council of Southern Ohio & Vicinity reported $1,257,710 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,901 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 0.26% to 0.25%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 97th-largest of 3,295 plans among Ohio employers on file, and the 132nd of 5,337 in construction. active participation has grown from 6,936 to 8,041 since 2022.

Plan summary
Net assets, end of year$532,728,792
Participants with balances8,817
Active participants8,041
Employer contributions$39,405,025
Employee contributions—
Employer contribution per active participant$4,901
Average account balance$60,421
Benefits paid to participants$26,805,146
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$532.7M · 8,817 accts · $39.4M emplr
2023$475.7M · 7,958 accts · $33.8M emplr
2022$440.9M · 7,673 accts · $28.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$836,405
Investment management$56,333
Audit (IQPA)$61,262
Trustee / custodial$6,966
Total administrative$1,257,710
Employer contributions to the Iron Workers District Council of Southern Ohio & Vicinity plan · 2024
Employer contribution per active participant$4,901
Median for plans this size$4,294
2024$4,901 per active participant
2023$4,687 per active participant
2022$4,165 per active participant

Iron Workers District Council of Southern Ohio & Vicinity's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202412
IWDC OF SO OH BENEFIT TRUST · Plan administrator$472,972
OVERMYER HALL ASSOCIATES · Insurance broker · Insurance services$89,654
FAULKNER, HOFFMAN & PHILLIPS, LLP · Legal$71,691
BRIDGEWAY BENEFIT TECHNOLOGIES · Claims processing$64,248
CLARK, SCHAEFER, HACKETT & CO. · Accounting / audit$61,262
SEGAL MARCO ADVISORS · Investment advisory (plan)$56,333
IWDC OF SO OH PENSION TRUST · Plan administrator$34,613
VOLO TECHNOLOGIES · Other services$25,246
DATAMATION IMAGING SERVICES · Other services$16,433
QUALITY PUBLISHING COMPANY · Other services$10,391
NEPHOX, LLC · Other services$7,788

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

Administrative cost history3
2024$1,257,710 · 0.25%
2023$1,196,131 · 0.26%
2022$1,180,832 · 0.26%
Similar plansConstruction · Ohio
Messer Inc. OH$650.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 316108920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.