Plan Ledger DOL Form 5500 · updated monthly

Trustees - Colorado Iron Workers Defined Contribution FundDC plan

COLORADO IRON WORKERS DEFINED CONTRIBUTION FUND · ARVADA, CO · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Trustees - Colorado Iron Workers Defined Contribution Fund reported $147,131 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,808 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 0.96% to 0.82%. 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 548th-largest of 1,461 plans among Colorado employers on file, and the 2,130th of 5,337 in construction.

Plan summary
Net assets, end of year$18,665,795
Participants with balances303
Active participants303
Employer contributions$1,153,969
Employee contributions—
Employer contribution per active participant$3,808
Average account balance$61,603
Benefits paid to participants$704,735
Plan auditUnmodified (clean) audit opinion
AuditorNEEDLES, OYEWO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 303 accts · $1.2M emplr
2023$17.4M · 835 accts · $1.4M emplr
2022$14.9M · 567 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,070
Investment management$33,961
Audit (IQPA)$22,833
Trustee / custodial$11,239
Total administrative$147,131
Employer contributions to the Trustees - Colorado Iron Workers Defined Contribution Fund plan · 2024
Employer contribution per active participant$3,808
Median for plans this size$2,416
2024$3,808 per active participant
2023$3,464 per active participant
2022$4,577 per active participant

Trustees - Colorado Iron Workers Defined Contribution Fund's 2024 employer contribution ran above the $2,416 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
ZENITH AMERICAN SOLUTIONS · Plan administrator$50,070
NEEDLES, OYEWO & ASSOCIATES LLC. · Accounting / audit$22,833
US REAL ESTATE · Pension consulting · Investment advisory (plan)$18,961
SEGAL MARCO ADVISORS · Pension consulting · Investment advisory (plan)$15,000
US BANK · Custodial$11,239

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$147,131 · 0.82%
2023$138,141 · 0.86%
2022$139,060 · 0.96%
Similar plansConstruction · Colorado
Bemas Construction CO$20.2M · 0.06%
Kelley Trucking Inc. CO$19.6M · 0.54%
Jhl Constructors LLC CO$19.5M · 0.69%
Encon United Company CO$18.7M · 0.36%
Longbow Industries CO$18.5M · 0.54%
Greiner Electric, LLC CO$18.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262458073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.