Plan Ledger DOL Form 5500 · updated monthly

Plumbers and Pipefitters Local 168 Retir Retirement Plan401(k)

PLUMBERS AND PIPEFITTERS LOCAL 168 RETIREMENT PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Plumbers and Pipefitters Local 168 Retir Retirement Plan reported $263,723 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,676 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 3 years on file its reported administrative ratio has held roughly steady near 0.38%. 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 597th-largest of 3,651 plans among Pennsylvania employers on file, and the 784th of 5,337 in construction. In 2024, the employer put in $97.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$74,834,216
Participants with balances1,595
Active participants1,522
Employer contributions$2,551,398
Employee contributions$26,164
Employer contribution per active participant$1,676
Average account balance$46,918
Benefits paid to participants$2,642,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.8M · 1,595 accts · $2.6M emplr
2023$65.4M · 1,563 accts · $2.2M emplr
2022$55.8M · 1,510 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,323
Investment management$77,444
Audit (IQPA)$28,500
Total administrative$263,723
The Plumbers and Pipefitters Local 168 Retir Retirement Plan 401(k) match · 2024
Employer contribution per active participant$1,676
Median for plans this size$3,635
2024$1,676 per active participant
2023$1,466 per active participant
2022$1,425 per active participant

Plumbers and Pipefitters Local 168 Retir Retirement Plan's 2024 employer contribution ran below the $3,635 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 · 20245
JOHN HANCOCK · Investment advisory (plan)$45,444
MARINER INSTITUTIONAL, LLC · Investment advisory (plan)$32,000
PACKER THOMAS · Accounting / audit$28,500
CENTRAL DATA SERVICES · Contract administrator$27,323
FAULKNER, HOFFMAN & PHILLIPS, LLC · Legal$24,350

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

Administrative cost history3
2024$263,723 · 0.38%
2023$183,776 · 0.30%
2022$208,039 · 0.39%
Similar plansConstruction · Pennsylvania
Irex Corporation PA$84.0M · 0.07%
Worth & Company, Inc. PA$80.9M · 0.35%
Iron Workers Local 404 PA$75.3M · 0.32%
The Tri-M Group, LLC PA$72.8M · 0.27%
West Shore Home, LLC PA$62.2M · 0.78%
Sauer Holdings, Inc. PA$54.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311219497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.