Plan Ledger DOL Form 5500 · updated monthly

Trustees of Iron Wkers' Mid-America SupplementalDC plan

IRON WORKERS' MID-AMERICA SUPPLEMENTAL MONTHLY ANNUITY (SMA) FUND · LANSING, IL · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Trustees of Iron Wkers' Mid-America Supplemental reported $1,921,227 in plan administrative expenses for 2025: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,064 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 4 years on file its reported administrative ratio has held roughly steady near 0.23%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other construction employers. By assets it is the 103rd-largest of 3,702 plans among Illinois employers on file, and the 69th of 5,337 in construction.

Plan summary
Net assets, end of year$891,576,552
Participants with balances7,052
Active participants6,729
Employer contributions$40,807,221
Employee contributions—
Employer contribution per active participant$6,064
Average account balance$126,429
Benefits paid to participants$41,378,649
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$891.6M · 7,052 accts · $40.8M emplr
2024$770.7M · 6,945 accts · $37.6M emplr
2023$686.5M · 6,857 accts · $36.5M emplr
2022$583.3M · 6,687 accts · $35.8M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$414,945
Investment management$78,679
Audit (IQPA)$37,350
Trustee / custodial$4,715
Total administrative$1,921,227
Employer contributions to the Trustees of Iron Wkers' Mid-America Supplemental plan · 2025
Employer contribution per active participant$6,064
Median for plans this size$4,295
2025$6,064 per active participant
2024$5,634 per active participant
2023$5,493 per active participant
2022$5,499 per active participant

Trustees of Iron Wkers' Mid-America Supplemental's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202512
JOHN HANCOCK · Recordkeeping$294,714
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$157,581
P. E. FLASCH · Plan administrator$105,514
L. GILLUND$94,594
BRIDGEWAY BENEFIT TECHNOLOGIES, LLC · Other services$90,521
BAUM SIGMAN AUERBACH & NEUMAN LTD · Legal$81,628
PREMIER TECHNOLOGY SOLUTIONS · Other services$78,874
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$78,679
E. FERREE$74,553
S. MONAHAN$66,486
K. WILLIAMSON$62,991
R. TRIPAMER$52,168

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

Recordkeeper by year3
2025John Hancock, LEGACY PROFESSIONALS LLP
2024John Hancock, LEGACY PROFESSIONALS LLP
2023John Hancock, LEGACY PROFESSIONALS LLP

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

Administrative cost history4
2025$1,921,227 · 0.23%
2024$1,764,222 · 0.24%
2023$1,606,600 · 0.25%
2022$1,494,361 · 0.24%
Similar plansConstruction · Illinois
Walsh Construction Company IL$610.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364108124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.