Plan Ledger DOL Form 5500 · updated monthly

Trustees of Construction Industry Laborers Smart FundProfit-sharing plan

CONSTRUCTION INDUSTRY LABORERS SUPPLEMENTAL MEDICA AND RETIREE TARGETED FUND · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Trustees of Construction Industry Laborers Smart Fund reported $438,907 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,065 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 0.84% to 1.15%. 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 359th-largest of 1,393 plans among Missouri employers on file, and the 1,172nd of 5,337 in construction. active participation has grown from 2,691 to 9,416 since 2022.

Plan summary
Net assets, end of year$43,315,950
Participants with balances14,172
Active participants9,416
Employer contributions$10,030,022
Employee contributions—
Employer contribution per active participant$1,065
Average account balance$3,056
Benefits paid to participants$3,461,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 14,172 accts · $10.0M emplr
2023$33.2M · 7,691 accts · $5.8M emplr
2022$24.1M · 6,792 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$216,753
Investment management$123,757
Audit (IQPA)$16,500
Total administrative$438,907
Employer contributions to the Trustees of Construction Industry Laborers Smart Fund plan · 2024
Employer contribution per active participant$1,065
Median for plans this size$2,416
2024$1,065 per active participant
2023$1,877 per active participant
2022$1,811 per active participant

Trustees of Construction Industry Laborers Smart Fund's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20246
WILSON-MCSHANE CORPORATION · Contract administrator$216,753
MARQUETTE ASSOCIATES · Investment management$77,951
ARNOLD NEWBOLD SOLLARS & HOLLINS PC$68,004
COMMERCE TRUST COMPANY · Investment management$45,806
RUBINBROWN LLP · Accounting / audit$16,500
SEGAL SELECT INSURANCE SERVICES · Insurance services$6,666

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$438,907 · 1.15%
2023$256,229 · 0.89%
2022$199,702 · 0.84%
Similar plansConstruction · Missouri
Plumbers Local 8 Dc Plan MO$52.6M · 0.47%
Western Holding Group, Inc. MO$48.1M · 0.21%
Paric Corporation MO$39.8M · 0.22%
Adb Companies, LLC MO$38.0M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471182916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.