Plan Ledger DOL Form 5500 · updated monthly

Seiu Local 2000 Pension FundMoney purchase plan

SERVICE EMPLOYEES INTL UNION LOCAL 2000 PENSION FUND · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
3.10%

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

Seiu Local 2000 Pension Fund reported $181,797 in plan administrative expenses for 2024: 3.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,047 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 3 years on file its reported administrative ratio has held roughly steady near 3.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (1,034th of 1,393), and 10,689th of 13,661 in manufacturing. active participation has shrunk from 166 to 120 since 2022.

Plan summary
Net assets, end of year$5,982,319
Participants with balances994
Active participants120
Employer contributions$125,580
Employee contributions—
Employer contribution per active participant$1,047
Average account balance$6,018
Benefits paid to participants$390,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 994 accts · $126K emplr
2023$5.8M · 1,044 accts · $123K emplr
2022$5.3M · 1,006 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,394
Investment management$40,644
Audit (IQPA)$28,675
Total administrative$181,797
Employer contributions to the Seiu Local 2000 Pension Fund plan · 2024
Employer contribution per active participant$1,047
Median for plans this size$1,313
2024$1,047 per active participant
2023$737 per active participant
2022$794 per active participant

Seiu Local 2000 Pension Fund's 2024 employer contribution ran below 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 · 20245
AMALGA TRUST · Custodial (securities) · Investment management$40,644
ANDERS MINKLER HUBER & HELM LLP · Accounting / audit$30,513
SEGAL SELECT INSURANCE SERVICES INC · Insurance services$12,139
EKON BENEFITS$83,394
HAMMOND & SINNERS, P.C.$5,093

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$181,797 · 3.10%
2023$153,699 · 2.79%
2022$210,891 · 3.24%
Similar plansManufacturing · Missouri
Supply Logic, LLC MO$6.3M · 0.39%
Walker Products Inc. MO$6.3M · 0.43%
Otscon Inc. MO$6.3M · 0.01%
Custom Metalcraft, Inc. MO$6.2M · 0.74%
Newco Enterprises, Inc. MO$5.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362435849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.