Plan Ledger DOL Form 5500 · updated monthly

Trstees Mach Mvrs,Riggers&Mach Erec Local 136 Def. Cont. Retire. FundMoney purchase plan

MACHINERY MOVERS, RIGGERS & MACH. ERECT. LOCAL 136 DEFINED CONTRIBUTION RETIREMENT FUND · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Trstees Mach Mvrs,Riggers&Mach Erec Local 136 Def. Cont. Retire. Fund reported $97,712 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,516 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 0.36% to 0.23%. 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 976th-largest of 3,702 plans among Illinois employers on file, and the 1,114th of 5,337 in construction.

Plan summary
Net assets, end of year$46,227,742
Participants with balances931
Active participants931
Employer contributions$4,204,396
Employee contributions—
Employer contribution per active participant$4,516
Average account balance$49,654
Benefits paid to participants$1,291,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.2M · 931 accts · $4.2M emplr
2023$39.0M · 771 accts · $3.1M emplr
2022$31.8M · 853 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,738
Investment management$25,000
Audit (IQPA)$15,200
Total administrative$97,712
Employer contributions to the Trstees Mach Mvrs,Riggers&Mach Erec Local 136 Def. Cont. Retire. Fund plan · 2024
Employer contribution per active participant$4,516
Median for plans this size$2,416
2024$4,516 per active participant
2023$4,052 per active participant
2022$3,971 per active participant

Trstees Mach Mvrs,Riggers&Mach Erec Local 136 Def. Cont. Retire. Fund'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 · 20244
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping$29,738
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$25,000
CALIBRE CPA GROUP, PLLC · Accounting / audit$15,200
BENEFITS MANAGEMENT GROUP, INC. · Contract administrator$10,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$97,712 · 0.23%
2023$92,610 · 0.26%
2022$103,207 · 0.36%
Similar plansConstruction · Illinois
Fourgen Holdings Inc. IL$45.2M · 0.24%
Pernix Group Inc. IL$44.7M · 0.23%
Skender Group, LLC IL$44.0M · 0.16%
Steamfitters Local 439 IL$41.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363637616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.