Plan Ledger DOL Form 5500 · updated monthly

Millwrights' Local 1102 Supplemental Pension FundMoney purchase plan

MILLWRIGHTS' LOCAL 1102 SUPPLEMENTAL PENSION FUND · LANSING, MI · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Millwrights' Local 1102 Supplemental Pension Fund reported $1,232,452 in plan administrative expenses for 2023: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,458 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 0.42%. 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 106th-largest of 2,619 plans among Michigan employers on file, and the 230th of 5,337 in construction.

Plan summary
Net assets, end of year$304,413,836
Participants with balances4,870
Active participants2,329
Employer contributions$24,356,343
Employee contributions—
Employer contribution per active participant$10,458
Average account balance$62,508
Benefits paid to participants$16,005,068
Plan auditUnmodified (clean) audit opinion
AuditorBENDA, GRACE, STULZ & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · 5,173 accts · $31.1M emplr
2023$304.4M · 4,870 accts · $24.4M emplr
2022$278.2M · 4,723 accts · $19.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$109,574
Investment management$762,036
Audit (IQPA)$22,200
Trustee / custodial$90,000
Total administrative$1,232,452
Employer contributions to the Millwrights' Local 1102 Supplemental Pension Fund plan · 2023
Employer contribution per active participant$10,458
Median for plans this size$4,362
2024$13,015 per active participant
2023$10,458 per active participant
2022$8,608 per active participant

Millwrights' Local 1102 Supplemental Pension Fund's 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202310
TIC INTERNATIONAL CORPORATION · Accounting / audit · Contract administrator$127,658
BOSTON PARTNERS · Investment management$281,522
LOOMIS, SAYLES & CO., INC. · Investment management$263,260
REINHART & MAHONEY · Investment management$113,422
MORGAN STANLEY SMITH BARNEY, LLC · Investment advisory (plan)$90,000
NOVARA TESIJA, PLLC · Legal$83,077
MADISON INVESTMENT ADVISORS · Investment management$62,312
FIFTH THIRD BANK · Custodial (securities)$41,520
BENDA, GRACE, STULZ & COMPANY, P.C. · Accounting / audit$22,200
TRADE SOLUTIONS$10,537

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

Recordkeeper by year2
2024TIC MIDWEST, LLC
2023TIC INTERNATIONAL CORPORATION

This plan has changed recordkeepers within these filings. If you left Millwrights' Local 1102 Supplemental Pension Fund before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$1,232,452 · 0.42%
2022$1,208,098 · 0.44%
Similar plansConstruction · Michigan
Barton Malow Holdings LLC MI$313.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 386216941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.