Plan Ledger DOL Form 5500 · updated monthly

Local 354 Plumbers & Pipe Fitters Pension FundProfit-sharing plan

PLUMBERS & PIPE FITTERS LOCAL 354 PENSION FUND · WEXFORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Local 354 Plumbers & Pipe Fitters Pension Fund reported $179,441 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,810 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 0.19% to 0.14%. 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 384th-largest of 3,651 plans among Pennsylvania employers on file, and the 481st of 5,337 in construction.

Plan summary
Net assets, end of year$135,136,372
Participants with balances797
Active participants1,334
Employer contributions$5,082,419
Employee contributions—
Employer contribution per active participant$3,810
Average account balance$169,556
Benefits paid to participants$10,052,498
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$135.1M · 797 accts · $5.1M emplr
2023$122.6M · 847 accts · $4.7M emplr
2022$108.8M · 987 accts · $4.7M emplr
Employer contributions to the Local 354 Plumbers & Pipe Fitters Pension Fund plan · 2024
Employer contribution per active participant$3,810
Median for plans this size$3,635
2024$3,810 per active participant
2023$3,562 per active participant
2022$3,559 per active participant

Local 354 Plumbers & Pipe Fitters Pension Fund'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 · 20244
ANDCO CONSULTING · Pension consulting$68,979
PACKER THOMAS · Accounting / audit$46,965
MEYER, UNKOVIC & SCOTT LLP · Legal$26,457
SEGAL SELECT INSURANCE SERVICES, IN · Insurance services$22,835

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$179,441 · 0.14%
2023$222,503 · 0.19%
2022$235,917 · 0.19%
Similar plansConstruction · Pennsylvania
Phrg Management, LLC PA$157.8M · 0.13%
H & K Group, Inc. PA$157.4M · 0.11%
Dvl Group, Inc. PA$134.9M · 0.01%
J. D. Eckman, Inc. PA$132.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 256148991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.