Plan Ledger DOL Form 5500 · updated monthly

Operative Plasterers and Cement Masons - TrusteesProfit-sharing plan

OPERATIVE PLASTERERS AND CEMENT MASONS PROFIT SHARING ANNUITY PLAN · CANFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Operative Plasterers and Cement Masons - Trustees reported $382,457 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,776 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 0.55% to 0.35%. 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 333rd-largest of 3,295 plans among Ohio employers on file, and the 553rd of 5,337 in construction. active participation has grown from 1,427 to 1,634 since 2022.

Plan summary
Net assets, end of year$114,976,138
Participants with balances4,220
Active participants1,634
Employer contributions$6,170,229
Employee contributions—
Employer contribution per active participant$3,776
Average account balance$27,246
Benefits paid to participants$7,265,644
Plan auditUnmodified (clean) audit opinion
AuditorYURCHYK & DAVIS CPA'S, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$115.0M · 4,220 accts · $6.2M emplr
2023$106.1M · 3,952 accts · $5.9M emplr
2022$95.2M · 3,579 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,456
Investment management$30,000
Audit (IQPA)$10,900
Trustee / custodial$229,435
Total administrative$382,457
Employer contributions to the Operative Plasterers and Cement Masons - Trustees plan · 2024
Employer contribution per active participant$3,776
Median for plans this size$3,635
2024$3,776 per active participant
2023$3,739 per active participant
2022$3,734 per active participant

Operative Plasterers and Cement Masons - Trustees'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 · 202412
BENESYS INC · Recordkeeping · Contract administrator$47,345
OP. PLASTERERS & CEMENT MASONS COLL · Recordkeeping$6,254
UNION LABOR LIFE INSURANCE CO. · Investment management$46,855
INTERCONTINENTAL REAL ESTATE CORP. · Investment management$43,612
ALLOTTA & FARLEY CO, LPA · Legal$39,560
AMERICAN CORE REALTY · Investment management$35,662
PNC BANK NA · Custodial (securities) · Investment management$33,550
MANNING & NAPIER · Investment management$30,705
MARINER INSTITUTIONAL, LLC · Consulting$30,000
COMERICA · Investment management$23,279
AFL-CIO HOUSING INVESTMENT TRUST · Investment management$15,772
YURCHYK & DAVIS CPA'S INC. · Accounting / audit$10,900

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

Recordkeeper by year2
2024BENESYS INC, OP. PLASTERERS & CEMENT MASONS COLL
2023BENESYS INC, OP. PLASTERERS & CEMENT MASONS COLL, PNC BANK NA

This plan has changed recordkeepers within these filings. If you left Operative Plasterers and Cement Masons - Trustees 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
2024$382,457 · 0.35%
2023$546,242 · 0.54%
2022$510,042 · 0.55%
Similar plansConstruction · Ohio
The Fishel Company OH$141.2M · 0.04%
Ernst Enterprises, Inc. OH$122.0M · 0.03%
Messer Construction Co. OH$92.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341736454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.