Plan Ledger DOL Form 5500 · updated monthly

Plumbers & Pipefitters of SoutProfit-sharing plan

THE PLUMBERS AND PIPEFITTERS OF SOUTHEASTERN ALASKA EMPLOYEES SUPPLEMENTAL RETIREMENT PLAN · JUNEAU, AK · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Plumbers & Pipefitters of Sout reported $193,866 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,824 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 0.59% to 0.63%. 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 57th-largest of 160 plans among Alaska employers on file, and the 1,477th of 5,337 in construction. active participation has grown from 139 to 156 since 2022.

Plan summary
Net assets, end of year$31,577,739
Participants with balances132
Active participants156
Employer contributions$908,544
Employee contributions$0
Employer contribution per active participant$5,824
Average account balance$239,225
Benefits paid to participants$1,471,302
Plan auditUnmodified (clean) audit opinion
AuditorANASTASI, MOORE, MARTIN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$31.6M · 132 accts · $909K emplr
2023$29.5M · 130 accts · $747K emplr
2022$26.1M · 114 accts · $723K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,675
Investment management$113,403
Audit (IQPA)$20,331
Total administrative$193,866
Employer contributions to the Plumbers & Pipefitters of Sout plan · 2024
Employer contribution per active participant$5,824
Median for plans this size$2,416
2024$5,824 per active participant
2023$4,912 per active participant
2022$5,203 per active participant

Plumbers & Pipefitters of Sout's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
CUTLER INVESTMENT COUNSEL LLC DBA C · Investment advisory (plan)$113,403
THE PLUMBERS AND PIPEFITTERS OF SOU$52,618
ANASTASI, MOORE, MARTIN PLLC · Accounting / audit$20,331
LAW OFFICE OF MARY STOLL · Legal$7,514

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$193,866 · 0.63%
2023$180,611 · 0.65%
2022$147,406 · 0.59%
Similar plansConstruction · Alaska
Nexamp, Inc. MA$31.7M · 0.68%
Toscana Limited, L.P. CA$31.7M · 0.02%
Exxel Pacific, Inc. WA$31.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920079204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.