Plan Ledger DOL Form 5500 · updated monthly

Pipe Trades Pension of MontanaProfit-sharing plan

PIPE TRADES PENSION OF MONTANA · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Pipe Trades Pension of Montana reported $325,678 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,774 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 rose from 0.29% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 199th-largest of 1,714 plans among Washington employers on file, and the 1,087th of 4,798 in finance & insurance. active participation has grown from 1,088 to 1,382 since 2022.

Plan summary
Net assets, end of year$89,912,023
Participants with balances1,127
Active participants1,382
Employer contributions$5,215,466
Employee contributions—
Employer contribution per active participant$3,774
Average account balance$79,780
Benefits paid to participants$8,083,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.9M · 1,127 accts · $5.2M emplr
2023$84.9M · 1,146 accts · $5.0M emplr
2022$73.4M · 1,088 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$189,447
Investment management$37,351
Audit (IQPA)$14,584
Trustee / custodial$7,916
Total administrative$325,678
Employer contributions to the Pipe Trades Pension of Montana plan · 2024
Employer contribution per active participant$3,774
Median for plans this size$3,635
2024$3,774 per active participant
2023$4,182 per active participant
2022$4,251 per active participant

Pipe Trades Pension of Montana'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 · 20246
JOHN HANCOCK · Plan administrator · Recordkeeping$84,341
AW REHN & ASSOCIATES · Accounting / audit · Contract administrator$101,018
TURNER, STOEVE & GAGLIARDI, PS · Legal$41,727
HIGHLAND CAPITAL ADVISORS, LLC · Investment advisory (plan)$33,375
CLIFTONLARSONALLEN, LLP · Accounting / audit$22,426
US BANK · Custodial (securities)$7,916

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
2023COMPUSYS OF UTAH, INC., John Hancock

This plan has changed recordkeepers within these filings. If you left Pipe Trades Pension of Montana 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$325,678 · 0.37%
2023$274,547 · 0.34%
2022$204,219 · 0.29%
Similar plansFinance & Insurance · Washington
Delta Dental of Washington WA$100.2M · 0.01%
Numerica Credit Union WA$87.9M · 0.02%
Twinstar Credit Union WA$85.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911530117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.