Plumbers and Pipefitters Local 162 Retirement Savings PlanMoney purchase plan

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

Plumbers and Pipefitters Local 162 Retirement Savings Plan reported $155,736 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,916 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 0.47% to 0.28%. 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 555th-largest of 3,295 plans among Ohio employers on file, and the 912th of 5,337 in construction. In 2024, the employer put in $37.92 for every $1.00 employees contributed themselves; active participation has grown from 619 to 895 since 2022.