Plan Ledger DOL Form 5500 · updated monthly

Plumbers & Pipefitters Local 760 Savings and Investment PlanDC plan

PLUMBERS & PIPEFITTERS LOCAL 760 SAVINGS AND INVESTMENT PLAN · MUSCLE SHOALS, AL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Plumbers & Pipefitters Local 760 Savings and Investment Plan reported $40,007 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,394 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 0.16% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 107th-largest of 902 plans among Alabama employers on file, and the 302nd of 3,341 in other services. In 2024, the employer put in $17.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$68,173,284
Participants with balances1,429
Active participants1,444
Employer contributions$6,345,231
Employee contributions$371,707
Employer contribution per active participant$4,394
Average account balance$47,707
Benefits paid to participants$3,581,019
Plan auditUnmodified (clean) audit opinion
AuditorBELLOWS ASSOCIATES, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 1,429 accts · $6.3M emplr
2023$57.9M · 1,337 accts · $6.2M emplr
2022$49.9M · 1,308 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Investment management$1,594
Audit (IQPA)$20,000
Total administrative$40,007
Employer contributions to the Plumbers & Pipefitters Local 760 Savings and Investment Plan plan · 2024
Employer contribution per active participant$4,394
Median for plans this size$3,635
2024$4,394 per active participant
2023$4,588 per active participant
2022$4,750 per active participant

Plumbers & Pipefitters Local 760 Savings and Investment Plan's 2024 employer contribution ran above 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 · 20245
MERRILL LYNCH · Recordkeeping$78,133
MORGAN STANLEY$74,183
MORGAN STANLEY$71,076
BELLOWS ASSOCIATES, P.A. · Accounting / audit$20,000
QCWDR, LLP · Legal$6,500

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$40,007 · 0.06%
2023$50,486 · 0.09%
2022$73,462 · 0.16%
Similar plansOther Services · Alabama
Kelly Tractor Co. FL$69.3M · 0.23%
Mercy Corps OR$68.8M · 0.18%
Ccfi Companies, LLC OH$68.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630934558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.