Trustees, Local Union 598 Supplemental Pension PlanMoney purchase plan
LOCAL UNION 598 SUPPLEMENTAL PENSION PLAN · PORTLAND, OR · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Trustees, Local Union 598 Supplemental Pension Plan reported $326,700 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $14,443 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 0.30% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 66th-largest of 1,021 plans among Oregon employers on file, and the 402nd of 5,337 in construction. active participation has grown from 611 to 808 since 2022.
Trustees, Local Union 598 Supplemental Pension Plan's 2024 employer contribution ran above the $3,635 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 931069859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.