Plan Ledger DOL Form 5500 · updated monthly

Operative Plasterers & Cement Masons Local 599 Area 204 Supp Ret PlanMoney purchase plan

OPERATIVE PLASTERERS & CEMENT MASONS LOC 599 RT PL · MADISON, WI · plan year 2022

Reported admin expense ratio · 2022
1.94%

Operative Plasterers & Cement Masons Local 599 Area 204 Supp Ret Plan reported $46,100 in plan administrative expenses for 2022: 1.94% of average plan assets, higher than ~90% of peers. 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 1.94% to 2.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Wisconsin (1,810th of 1,936), and 4,718th of 5,337 in construction.

Plan summary
Net assets, end of year$2,371,917
Participants with balances161
Active participants157
Employer contributions—
Employee contributions$61,179
Employer contribution per active participant—
Average account balance$14,732
Benefits paid to participants$39,994
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 157 accts
2023$2.2M · 155 accts
2022$2.4M · 161 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,028
Investment management$10,036
Professional / advisory$16,191
Total administrative$46,100
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 history3
2024$49,285 · 2.18%
2023$48,442 · 2.11%
2022$46,100 · 1.94%
Similar plansConstruction · Wisconsin
Ecm Holding Group, Inc. WI$3.6M · 0.72%
Zander Solutions LLC WI$3.3M · 0.05%
Current Electric WI$2.8M · 0.49%
Holtz Builders, Inc. WI$2.4M · 0.50%
Craftmaster Painting, LLC WI$976K · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 396185236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.