Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392401(k)

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

Plumbers, Pipefitters & Mechanical Equipment Service Local Union 392 reported $215,231 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,002 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 4 years on file its reported administrative ratio fell from 4.35% to 0.95%. 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 1,081st-largest of 3,295 plans among Ohio employers on file, and the 1,689th of 5,337 in construction. In 2024, the employer put in $2.08 for every $1.00 employees contributed themselves; active participation has grown from 1,511 to 1,791 since 2020.