Plan Ledger DOL Form 5500 · updated monthly

Plumbers and Pipefitters Local No 104Profit-sharing plan

PLUMBERS AND PIPEFITTERS LOCAL NO. 104 ANNUITY FUND · HOLYOKE, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Plumbers and Pipefitters Local No 104 reported $145,861 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $9,579 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 rose from 0.16% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 474th-largest of 2,726 plans among Massachusetts employers on file, and the 1,117th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$86,710,397
Participants with balances405
Active participants346
Employer contributions$3,314,262
Employee contributions—
Employer contribution per active participant$9,579
Average account balance$214,100
Benefits paid to participants$7,884,619
Plan auditUnmodified (clean) audit opinion
AuditorLAPIER DILLON AND ASSOCIATES PC
Plan history3
Yearassets · accounts · employer contribution
2024$86.7M · 405 accts · $3.3M emplr
2023$84.2M · 406 accts · $3.1M emplr
2022$78.3M · 411 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Investment management$50,841
Audit (IQPA)$27,844
Total administrative$145,861
Employer contributions to the Plumbers and Pipefitters Local No 104 plan · 2024
Employer contribution per active participant$9,579
Median for plans this size$3,635
2024$9,579 per active participant
2023$9,175 per active participant
2022$9,608 per active participant

Plumbers and Pipefitters Local No 104's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20246
LAPIER DILLON AND ASSOCIATES PC · Accounting / audit$27,844
COMMONWEATH EQUITY SERVICES LLC DB · Investment advisory (plan)$9,139
KRAKOW SOURIS AND LANDRY LLC · Insurance broker$5,053
BARBARA WILLETTindirect comp
CARLEY GUILBERT · Claims processingindirect comp

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$145,861 · 0.17%
2023$126,161 · 0.16%
2022$125,194 · 0.16%
Similar plansFinance & Insurance · Massachusetts
Health New England, Inc. MA$87.2M · 0.03%
The Andover Companies MA$80.4M · 0.00%
Harborone Bank MA$80.3M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042564795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.