Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan401(k)

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

Joint Board of Trustee Plumbers 98 Defined Contribution Pension Plan reported $257,562 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,313 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 0.33%. 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 338th-largest of 2,619 plans among Michigan employers on file, and the 715th of 5,337 in construction. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves.