Plan Ledger DOL Form 5500 · updated monthly

Plumbers Local 8 Dc Plan401(k)

PLUMBERS & GASFITTERS LOCAL UNION NO. 8 DEFINED CONTRIBUTION PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Plumbers Local 8 Dc Plan reported $232,935 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,442 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 0.72% to 0.47%. 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 310th-largest of 1,393 plans among Missouri employers on file, and the 1,018th of 5,337 in construction. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has grown from 889 to 996 since 2022.

Plan summary
Net assets, end of year$52,598,937
Participants with balances982
Active participants996
Employer contributions$1,435,972
Employee contributions$1,696,691
Employer contribution per active participant$1,442
Average account balance$53,563
Benefits paid to participants$2,839,706
Plan auditDisclaimer of opinion
AuditorNOVAK BIRKS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$52.6M · 982 accts · $1.4M emplr
2023$47.0M · 936 accts · $941K emplr
2022$39.6M · 870 accts · $639K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,107
Investment management$21,750
Audit (IQPA)$27,718
Total administrative$232,935
The Plumbers Local 8 Dc Plan 401(k) match · 2024
Employer contribution per active participant$1,442
Median for plans this size$2,416
2024$1,442 per active participant
2023$997 per active participant
2022$719 per active participant

Plumbers Local 8 Dc Plan's 2024 employer contribution ran below the $2,416 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
PRINCIPAL · Recordkeeping$97,107
NOVAK BIRKS, P.C. · Accounting / audit$27,718
STRATEGIC CAPITAL · Investment advisory (plan)$21,750
SEGAL INSURANCE · Insurance services$7,244
SPENCER FANE BRITT & BROWNE LLP · Legal$6,329

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

Recordkeeper by year2
2024Principal
2023Principal

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

Administrative cost history3
2024$232,935 · 0.47%
2023$219,693 · 0.51%
2022$311,942 · 0.72%
Similar plansConstruction · Missouri
Western Holding Group, Inc. MO$48.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431869060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.