Ironworkers District Council of the Paci Field Ironworkers Annuity TruDC plan
IRONWORKERS DISTRICT COUNCIL OF THE PACIFIC NW FIELD IRONWORKERS ANNUITY TRUST FUND · MERCER ISLAND, WA · plan year 2024
Reported admin expense ratio · 2024
0.43%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Ironworkers District Council of the Paci Field Ironworkers Annuity Tru reported $2,452,751 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,328 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 50th-largest of 1,714 plans among Washington employers on file, and the 279th of 4,798 in finance & insurance.
Plan summary
Net assets, end of year$589,081,807
Participants with balances6,344
Active participants7,218
Employer contributions$38,461,050
Employee contributions—
Employer contribution per active participant$5,328
Average account balance$92,857
Benefits paid to participants$40,452,351
Plan auditUnmodified (clean) audit opinion
AuditorANASTASI, MOORE AND MARTIN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$589.1M · 6,344 accts · $38.5M emplr
2023$553.6M · 6,492 accts · $38.9M emplr
2022$482.9M · 6,683 accts · $41.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$458,904
Investment management$1,792,417
Audit (IQPA)$18,450
Total administrative$2,452,751
Employer contributions to the Ironworkers District Council of the Paci Field Ironworkers Annuity Tru plan · 2024
Employer contribution per active participant$5,328
Median for plans this size$4,294
2024$5,328 per active participant
2023$5,228 per active participant
2022$5,451 per active participant
Ironworkers District Council of the Paci Field Ironworkers Annuity Tru'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.
Source: U.S. Department of Labor, Form 5500 series, EIN 911342114 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.