Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees, Nw Bricklayers & Allied CraftworkersProfit-sharing plan

NW BRICKLAYERS & ALLIED CRAFTWORKERS DC RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Joint Board of Trustees, Nw Bricklayers & Allied Craftworkers reported $196,018 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,592 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 0.67% to 0.56%. 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 237th-largest of 1,021 plans among Oregon employers on file, and the 1,313th of 5,337 in construction. In 2024, the employer put in $3736.24 for every $1.00 employees contributed themselves; active participation has grown from 753 to 1,028 since 2022.

Plan summary
Net assets, end of year$37,237,516
Participants with balances1,435
Active participants1,028
Employer contributions$1,636,473
Employee contributions$438
Employer contribution per active participant$1,592
Average account balance$25,949
Benefits paid to participants$1,572,693
Plan auditUnmodified (clean) audit opinion
AuditorMIDDLETON & COMPANY, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 1,435 accts · $1.6M emplr
2023$32.5M · 1,448 accts · $1.9M emplr
2022$28.1M · 1,403 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,505
Investment management$18,000
Audit (IQPA)$25,000
Trustee / custodial$13,072
Total administrative$196,018
Employer contributions to the Joint Board of Trustees, Nw Bricklayers & Allied Craftworkers plan · 2024
Employer contribution per active participant$1,592
Median for plans this size$2,416
2024$1,592 per active participant
2023$1,986 per active participant
2022$2,282 per active participant

Joint Board of Trustees, Nw Bricklayers & Allied Craftworkers's 2024 employer contribution ran below the $2,416 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 · 20247
NWPS · Recordkeeping · Participant communication$73,505
MASONRY INDUSTRY TRUST ADMIN. · Plan administrator · Recordkeeping$23,355
CHARLES SCHWAB BANK · Recordkeeping · Custodial (securities)$13,072
BRADLEY L MIDDLETON, PC · Legal$31,009
MIDDLETON & CO CPA PC · Accounting / audit$25,000
SCOTT CAPITAL ADVISORS · Investment advisory (participants) · Investment advisory (plan)$18,000
MARKEL AMERICAN INS. CO. · Insurance services$12,257

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

Recordkeeper by year2
2024Charles Schwab, MASONRY INDUSTRY TRUST ADMIN., NWPS
2023Charles Schwab, MASONRY INDUSTRY TRUST ADMIN., NWPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$196,018 · 0.56%
2023$201,364 · 0.66%
2022$202,677 · 0.67%
Similar plansConstruction · Oregon
Wilson Construction Company OR$49.0M · 0.09%
Ec Company OR$42.7M
Mei Rigging & Crating, LLC OR$37.9M · 0.45%
Hayden Homes, LLC OR$36.4M · 0.16%
R&H Construction Co. OR$32.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911832764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.