Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees Mo-Kan Iron Workers Annuity PlanMoney purchase plan

MO-KAN IRON WORKERS ANNUITY FUND · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan reported $443,822 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $6,060 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 rose from 0.16% to 0.19%. 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 98th-largest of 1,393 plans among Missouri employers on file, and the 274th of 5,337 in construction. active participation has grown from 811 to 2,403 since 2022.

Plan summary
Net assets, end of year$246,692,288
Participants with balances909
Active participants2,403
Employer contributions$14,563,153
Employee contributions—
Employer contribution per active participant$6,060
Average account balance$271,389
Benefits paid to participants$10,200,354
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER HELM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$246.7M · 909 accts · $14.6M emplr
2023$217.4M · 1,684 accts · $14.3M emplr
2022$203.8M · 1,454 accts · $11.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,500
Investment management$197,629
Audit (IQPA)$83,886
Trustee / custodial$4,596
Total administrative$443,822
Employer contributions to the Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan plan · 2024
Employer contribution per active participant$6,060
Median for plans this size$3,635
2024$6,060 per active participant
2023$8,634 per active participant
2022$13,615 per active participant

Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan's 2024 employer contribution ran above the $3,635 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 · 20249
JOHN HANCOCK RETIREMENT PLAN SERVIC · Custodial · Custodial (securities)$157,551
CONSTRUCTION BENEFITS AUDIT CORPORA$61,286
FIDUCIENT ADVISORS · Investment advisory (plan)$53,000
ARNOLD, NEWBOLD, SOLLARS & HOLLINS · Legal$48,006
WILSON-MCSHANE CORPORATION$44,577
SEGAL SELECT INSURANCE SERVICES · Insurance services$28,090
ANDERS MINKLER HUBER HELM LLP · Accounting / audit$22,600
IRON MOUNTAIN · Other services$20,028
THE SEGAL COMPANY · Pension consulting$11,843

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$443,822 · 0.19%
2023$403,651 · 0.19%
2022$352,672 · 0.16%
Similar plansConstruction · Missouri
Arco Business Services, Inc. MO$196.3M · 0.15%
Aegion Corporation MO$189.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 436130595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.