Monroe Plumbers & Pipefitters Local 671Money purchase plan
MONROE PLUMBERS & PIPEFITTERS LOCAL 671 RETIREMENT PLAN AND TRUST · LANSING, MI · plan year 2025
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Monroe Plumbers & Pipefitters Local 671 reported $193,349 in plan administrative expenses for 2025: 0.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,442 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 3 years on file its reported administrative ratio fell from 0.37% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 412th-largest of 2,619 plans among Michigan employers on file, and the 859th of 5,337 in construction. In 2025, the employer put in $15.21 for every $1.00 employees contributed themselves.
Monroe Plumbers & Pipefitters Local 671's 2025 employer contribution ran above the $4,093 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 2025 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.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 386082588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.