Plan Ledger DOL Form 5500 · updated monthly

Pipe Fitters Local Union #211 Defined Contribution Retirement PlanMoney purchase plan

PIPE FITTERS LOCAL UNION #211 DEFINED CONTRIBUTION RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Pipe Fitters Local Union #211 Defined Contribution Retirement Plan reported $426,051 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $953 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 1.16% to 1.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,158th-largest of 5,688 plans among Texas employers on file, and the 1,150th of 5,337 in construction. In 2024, the employer put in $109.01 for every $1.00 employees contributed themselves; active participation has grown from 3,726 to 4,224 since 2022.

Plan summary
Net assets, end of year$44,224,086
Participants with balances4,224
Active participants4,224
Employer contributions$4,023,454
Employee contributions$36,910
Employer contribution per active participant$953
Average account balance$10,470
Benefits paid to participants$2,750,946
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 4,224 accts · $4.0M emplr
2023$38.4M · 3,828 accts · $2.5M emplr
2022$33.2M · 3,726 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,196
Investment management$316,569
Audit (IQPA)$51,500
Total administrative$426,051
Employer contributions to the Pipe Fitters Local Union #211 Defined Contribution Retirement Plan plan · 2024
Employer contribution per active participant$953
Median for plans this size$2,416
2024$953 per active participant
2023$664 per active participant
2022$881 per active participant

Pipe Fitters Local Union #211 Defined Contribution Retirement Plan's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
JOHN HANCOCK LIFE · Recordkeeping · Investment management$316,569
HARPER & PEARSON COMPANY, PC. · Accounting / audit$51,500
BENEFIT RESOURCES · Contract administrator$20,196
BAKER & BOTTS · Legal$15,143

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$426,051 · 1.03%
2023$320,176 · 0.89%
2022$407,786 · 1.16%
Similar plansConstruction · Texas
Brightland Homes, LTD TX$42.4M · 0.44%
Hmt LLC TX$40.7M · 0.23%
Cummings Electrical, LP TX$39.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760525814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.