Joint Board of Trustees, Operating Engineers Local 324, DcMoney purchase plan

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

Joint Board of Trustees, Operating Engineers Local 324, Dc reported $2,727,473 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,753 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 0.77% to 1.13%. 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 120th-largest of 2,619 plans among Michigan employers on file, and the 271st of 5,337 in construction. active participation has grown from 7,464 to 8,349 since 2022.