Plumbers and Pipefitters Local 344401(k)

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

Plumbers and Pipefitters Local 344 reported $279,704 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,175 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 0.65% to 0.48%. 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 93rd-largest of 724 plans among Oklahoma employers on file, and the 905th of 5,337 in construction. In 2024, the employer put in $3.88 for every $1.00 employees contributed themselves; active participation has grown from 1,184 to 1,459 since 2022.