The Board of Trustees of the Central Midwest Regional CouncilMoney purchase plan
INDIANA/KENTUCKY/OHIO REGIONAL COUNCIL OF CARPENTERS DEFINED CONTRIBUTION PENSION PLAN · TROY, MI · plan year 2024
Reported admin expense ratio · 2024
0.32%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
The Board of Trustees of the Central Midwest Regional Council reported $4,829,133 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,159 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 0.23% to 0.32%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 23rd-largest of 2,619 plans among Michigan employers on file, and the 212th of 13,661 in manufacturing. active participation has shrunk from 31,968 to 27,449 since 2022.
Plan summary
Net assets, end of year$1,588,629,302
Participants with balances55,172
Active participants27,449
Employer contributions$141,595,688
Employee contributions—
Employer contribution per active participant$5,159
Employer contributions to the The Board of Trustees of the Central Midwest Regional Council plan · 2024
Employer contribution per active participant$5,159
Median for plans this size$5,259
2024$5,159 per active participant
2023$2,693 per active participant
2022$2,304 per active participant
The Board of Trustees of the Central Midwest Regional Council's 2024 employer contribution ran below the $5,259 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.
This plan has changed recordkeepers within these filings. If you left The Board of Trustees of the Central Midwest Regional Council before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
Source: U.S. Department of Labor, Form 5500 series, EIN 351833932 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.