Plan Ledger DOL Form 5500 · updated monthly

Roofers Local 149 Dc Pension PlanDC plan

ROOFERS LOCAL 149 DEFINED CONTRIBUTION PENSION FUND · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

Roofers Local 149 Dc Pension Plan reported $102,254 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,893 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 3.90% to 1.61%. 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 Michigan (1,755th of 2,619), and 3,497th of 5,337 in construction.

Plan summary
Net assets, end of year$7,410,678
Participants with balances1,590
Active participants1,016
Employer contributions$1,923,022
Employee contributions—
Employer contribution per active participant$1,893
Average account balance$4,661
Benefits paid to participants$74,597
Plan auditUnmodified (clean) audit opinion
AuditorWESLEY, HADDAD & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 1,590 accts · $1.9M emplr
2023$5.3M · 1,417 accts · $2.1M emplr
2022$2.8M · 1,227 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,000
Investment management$37,912
Audit (IQPA)$5,200
Total administrative$102,254
Employer contributions to the Roofers Local 149 Dc Pension Plan plan · 2024
Employer contribution per active participant$1,893
Median for plans this size$1,313
2024$1,893 per active participant
2023$2,045 per active participant
2022$1,709 per active participant

Roofers Local 149 Dc Pension Plan's 2024 employer contribution ran above the $1,313 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 · 20244
BENESYS, INC · Accounting / audit · Claims processing$48,135
MORGAN STANLEY · Custodial (securities)$24,665
ASHER KELLY · Legal$7,687
WRUBEL, WESLEY & CO CPAS · Accounting / audit$5,200

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

Recordkeeper by year2
2024BENESYS, INC
2023BENESYS, INC

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

Administrative cost history3
2024$102,254 · 1.61%
2023$93,696 · 2.32%
2022$73,934 · 3.90%
Similar plansConstruction · Michigan
Godwin Plumbing, Inc. MI$8.0M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863826499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.