Plan Ledger DOL Form 5500 · updated monthly

Plumbers & Pipefitters Local #25401(k)

PLUMBERS & PIPEFITTERS LOCAL #25 401K PLAN · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Plumbers & Pipefitters Local #25 reported $177,316 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $1,242 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 0.22% to 0.18%. 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 544th-largest of 3,702 plans among Illinois employers on file, and the 589th of 5,337 in construction. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,779,589
Participants with balances1,605
Active participants1,605
Employer contributions$1,994,155
Employee contributions$3,445,038
Employer contribution per active participant$1,242
Average account balance$65,283
Benefits paid to participants$4,778,606
Plan auditUnmodified (clean) audit opinion
AuditorCALIBRE CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$104.8M · 1,605 accts · $2.0M emplr
2023$87.6M · 1,549 accts · $2.1M emplr
2022$70.3M · 1,589 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,867
Investment management$10,000
Audit (IQPA)$9,986
Total administrative$177,316
The Plumbers & Pipefitters Local #25 401(k) match · 2024
Employer contribution per active participant$1,242
Median for plans this size$3,635
2024$1,242 per active participant
2023$1,330 per active participant
2022$1,215 per active participant

Plumbers & Pipefitters Local #25'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 · 20244
P&P 25 FRINGE BENEFIT FUNDS LLC · Contract administrator$119,867
BAUM & SIGMAN · Legal$10,702
INVESTMENT CONSULTING GROUP · Investment advisory (plan)$10,000
CALIBRE CPA GROUP, PLLC · Accounting / audit$9,986

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$177,316 · 0.18%
2023$189,444 · 0.24%
2022$174,428 · 0.22%
Similar plansConstruction · Illinois
Heritage-Crystal Clean, LLC IL$121.8M · 0.20%
Anson Industries Inc. IL$118.3M · 0.14%
Aldridge Group, LLC IL$116.8M · 0.20%
O'Neil Industries, Inc. IL$96.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421444511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.