Plan Ledger DOL Form 5500 · updated monthly

Plumber & Steamfitters 72 Defined Contrib FundProfit-sharing plan

PLUMBERS & STEAMFITTERS 72 DEFINED CONTRIB FUND · PEMBROKE PINES, FL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Plumber & Steamfitters 72 Defined Contrib Fund reported $360,111 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,687 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 0.29% to 0.24%. 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 219th-largest of 3,644 plans among Florida employers on file, and the 410th of 5,337 in construction. active participation has grown from 3,548 to 4,225 since 2022.

Plan summary
Net assets, end of year$162,231,896
Participants with balances4,388
Active participants4,225
Employer contributions$11,351,171
Employee contributions—
Employer contribution per active participant$2,687
Average account balance$36,972
Benefits paid to participants$9,811,736
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$162.2M · 4,388 accts · $11.4M emplr
2023$142.7M · 3,772 accts · $9.8M emplr
2022$121.4M · 3,548 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,347
Investment management$253,125
Audit (IQPA)$15,300
Trustee / custodial$37
Total administrative$360,111
Employer contributions to the Plumber & Steamfitters 72 Defined Contrib Fund plan · 2024
Employer contribution per active participant$2,687
Median for plans this size$3,635
2024$2,687 per active participant
2023$2,713 per active participant
2022$2,495 per active participant

Plumber & Steamfitters 72 Defined Contrib Fund's 2024 employer contribution ran below 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
ONE AMERICA RETIREMENT SERVICES · Plan administrator · Recordkeeping$215,625
NATIONAL EMPLOYEE BENEFITS ADMIN · Contract administrator$52,800
REYNOLDS CONSULTING SERVICES · Investment advisory (plan)$37,500
NOVAK FRANCELLA, LLC · Accounting / audit$16,847
ARNALL GOLDEN GREGORY, LLP · Legal$6,741
BRENTWOOD ASSET ADVISORS, LLC · Consulting$6,700

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$360,111 · 0.24%
2023$357,087 · 0.27%
2022$385,714 · 0.29%
Similar plansConstruction · Florida
Holiday Builders, Inc. FL$205.4M · 0.00%
Moss & Associates, LLC FL$191.2M · 0.15%
Construction Partners, Inc. FL$134.0M · 0.36%
Eurovia USA FL$125.7M · 0.60%
Apex Services Partners LLC FL$123.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582637934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.