Plan Ledger DOL Form 5500 · updated monthly

Millwrights & Machinery Erectors Local 1192 Defined Contribution PensiMoney purchase plan

MILLWRIGHT & MACHINERY ERECTORS LOCAL 1192 DEFINED CONTRIBUTION PENSION PLAN · GOODLETTSVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Millwrights & Machinery Erectors Local 1192 Defined Contribution Pensi reported $504,527 in plan administrative expenses for 2022: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,406 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 168th-largest of 1,496 plans among Tennessee employers on file, and the 624th of 5,337 in construction.

Plan summary
Net assets, end of year$97,847,619
Participants with balances1,132
Active participants854
Employer contributions$6,324,617
Employee contributions—
Employer contribution per active participant$7,406
Average account balance$86,438
Benefits paid to participants$4,872,734
Plan auditUnmodified (clean) audit opinion
AuditorDANIELS, IRWIN & AYLOR, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $7.8M emplr
2022$97.8M · 1,132 accts · $6.3M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,800
Investment management$410,249
Professional / advisory$24,860
Total administrative$504,527
Employer contributions to the Millwrights & Machinery Erectors Local 1192 Defined Contribution Pensi plan · 2022
Employer contribution per active participant$7,406
Median for plans this size$3,449

Millwrights & Machinery Erectors Local 1192 Defined Contribution Pensi's 2022 employer contribution ran above the $3,449 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$504,527 · 0.54%
Similar plansConstruction · Tennessee
Barnhart Crane & Rigging Co. TN$162.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630935670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.