Plan Ledger DOL Form 5500 · updated monthly

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.

Service providers · 20246
ALERUS RETIREMENT SOLUTIONS · Investment management$86,592
MORGAN STANLEY MANAGED ACCOUNT SERV · Investment management$71,694
BLUE CROSS BLUE SHIELD OF ND · Contract administrator$58,871
ABST LAW · Legal$42,195
LOCAL UNION 300 · Contract administrator$31,585
WIDMER ROEL PC · Accounting / audit$24,950

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$366,219 · 0.52%
2023$321,387 · 0.53%
2022$333,096 · 0.54%
Similar plansConstruction · North Dakota
Fisher Sand & Gravel Co. ND$84.2M · 0.42%
Miller Enterprises, Inc. ND$46.2M · 0.00%

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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.