Plan Ledger DOL Form 5500 · updated monthly

Plumbing & Pipefitting Industry Retirement Plan of Kansas401(k)

PLUMBING & PIPEFITTING INDUSTRY RETIREMENT PLAN OF KANSAS · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Plumbing & Pipefitting Industry Retirement Plan of Kansas reported $39,403 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,895 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 0.18% to 0.04%. 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 578th-largest of 3,702 plans among Illinois employers on file, and the 618th of 5,337 in construction. In 2024, the employer put in $2.28 for every $1.00 employees contributed themselves; active participation has grown from 1,239 to 1,476 since 2022.

Plan summary
Net assets, end of year$99,196,239
Participants with balances1,816
Active participants1,476
Employer contributions$5,749,401
Employee contributions$2,525,532
Employer contribution per active participant$3,895
Average account balance$54,623
Benefits paid to participants$3,534,916
Plan auditUnmodified (clean) audit opinion
AuditorMORROW & CO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$99.2M · 1,816 accts · $5.7M emplr
2023$85.2M · 1,603 accts · $5.0M emplr
2022$75.0M · 1,506 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,202
Investment management$80,000
Audit (IQPA)$31,625
Total administrative$39,403
The Plumbing & Pipefitting Industry Retirement Plan of Kansas 401(k) match · 2024
Employer contribution per active participant$3,895
Median for plans this size$3,635
2024$3,895 per active participant
2023$3,827 per active participant
2022$3,887 per active participant

Plumbing & Pipefitting Industry Retirement Plan of Kansas's 2024 employer contribution ran above the $3,635 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 · 20246
SPENCER FANE LLP · Legal$93,816
IMA WEALTH · Investment advisory (plan)$80,000
BMGI · Contract administrator$53,400
MORROW & CO LLC · Accounting / audit$31,625
UNION INSURANCE GROUP · Insurance services$12,768

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$39,403 · 0.04%
2023$85,768 · 0.11%
2022$141,322 · 0.18%
Similar plansConstruction · Illinois
Aldridge Group, LLC IL$116.8M · 0.20%
O'Neil Industries, Inc. IL$96.8M · 0.15%
Jrack Holdings Inc. IL$95.7M · 0.01%
Graycor Services L.L.C. IL$88.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480923596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.