Plumbers & Pipefitters Union Local No. 178Money purchase plan
PLUMBERS & PIPEFITTERS UNION LOCAL 178 MONEY PURCHASE PLAN · SPRINGFIELD, MO · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Plumbers & Pipefitters Union Local No. 178 reported $220,788 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,565 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 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 519th-largest of 1,393 plans among Missouri employers on file, and the 1,737th of 5,337 in construction.
Plumbers & Pipefitters Union Local No. 178's 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 431642796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.