Plan Ledger DOL Form 5500 · updated monthly

Plumbers Local Union No. 17 Annuity FundProfit-sharing plan

PLUMBERS LOCAL UNION NO. 17 ANNUITY FUND · GOODLETTSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Plumbers Local Union No. 17 Annuity Fund reported $12,813 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,464 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 0.05% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Tennessee (1,223rd of 1,496), and 4,521st of 5,337 in construction.

Plan summary
Net assets, end of year$3,022,635
Participants with balances568
Active participants296
Employer contributions$729,374
Employee contributions—
Employer contribution per active participant$2,464
Average account balance$5,322
Benefits paid to participants$16,226
Plan auditUnmodified (clean) audit opinion
AuditorDANIELS, IRWIN & AYLOR CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 568 accts · $729K emplr
2023$2.2M · 530 accts · $517K emplr
2022$1.6M · 461 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,000
Trustee / custodial$3,388
Total administrative$12,813
Employer contributions to the Plumbers Local Union No. 17 Annuity Fund plan · 2024
Employer contribution per active participant$2,464
Median for plans this size$1,313
2024$2,464 per active participant
2023$1,595 per active participant
2022$1,393 per active participant

Plumbers Local Union No. 17 Annuity Fund's 2024 employer contribution ran above the $1,313 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 · 20241
SOUTHERN BENEFIT ADMINISTRATORS · Plan administrator$6,000

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$12,813 · 0.49%
2023$2,806 · 0.15%
2022$731 · 0.05%
Similar plansConstruction · Tennessee
Savage Brothers Inc TN$2.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833771304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.