Plumbers & Steamfitters Local No. 300Profit-sharing plan
PLUMBERS & STEAMFITTERS LOCAL NO. 300 PENSION PLAN · FARGO, ND · plan year 2024
Reported admin expense ratio · 2024
0.52%
Plumbers & Steamfitters Local No. 300 reported $366,219 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~90% of peers. 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 0.52%. 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 39th-largest of 279 plans among North Dakota employers on file, and the 794th of 5,337 in construction.
Plan summary
Net assets, end of year$73,962,377
Participants with balances945
Active participants875
Employer contributions—
Employee contributions$5,440,004
Employer contribution per active participant—
Average account balance$78,267
Benefits paid to participants$5,994,728
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Plan history3
Yearassets · accounts · employer contribution
2024$74.0M · 945 accts
2023$65.7M · 910 accts
2022$55.5M · 881 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,456
Investment management$158,286
Trustee / custodial$24,950
Total administrative$366,219
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 450354856 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.