Joint Board of Trustees of Construction Industry of RockfordProfit-sharing plan
CONSTRUCTION INDUSTRY RETIREMENT FUND OF ROCKFORD · LANSING, MI · plan year 2023
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Joint Board of Trustees of Construction Industry of Rockford reported $1,178,773 in plan administrative expenses for 2023: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,851 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 has held roughly steady near 0.227%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other construction employers. By assets it is the 62nd-largest of 2,619 plans among Michigan employers on file, and the 121st of 5,337 in construction.
Joint Board of Trustees of Construction Industry of Rockford's 2023 employer contribution ran below the $4,362 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 366131610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.