Plan Ledger DOL Form 5500 · updated monthly

Trustees of Midwest Operating Engineers Retirement Enhancement FundProfit-sharing plan

MIDWEST OPERATING ENGINEERS RETIREMENT ENHANCEMENT · COUNTRYSIDE, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Trustees of Midwest Operating Engineers Retirement Enhancement Fund reported $492,845 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,571 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 0.10% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 112th-largest of 3,702 plans among Illinois employers on file, and the 83rd of 5,337 in construction.

Plan summary
Net assets, end of year$758,051,469
Participants with balances16,681
Active participants16,681
Employer contributions$76,242,573
Employee contributions—
Employer contribution per active participant$4,571
Average account balance$45,444
Benefits paid to participants$24,268,262
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$758.1M · 16,681 accts · $76.2M emplr
2023$637.1M · 16,506 accts · $70.1M emplr
2022$486.6M · 16,067 accts · $62.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,995
Investment management$15,000
Audit (IQPA)$19,500
Trustee / custodial$215
Total administrative$492,845
Employer contributions to the Trustees of Midwest Operating Engineers Retirement Enhancement Fund plan · 2024
Employer contribution per active participant$4,571
Median for plans this size$4,294
2024$4,571 per active participant
2023$4,247 per active participant
2022$3,897 per active participant

Trustees of Midwest Operating Engineers Retirement Enhancement Fund's 2024 employer contribution ran above the $4,294 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 · 20247
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$45,643
FIDELITY INVESTMENTS · Contract administrator$30,852
INSTITUTE FOR WORKERS WELFARE · Legal$26,507
M.O.E. IT SERVICE CORP. · Other services$15,100
MARQUETTE ASSOCIATES INC. · Investment advisory (plan)$15,000
BOND BROTHERS$10,549
MCGANN, KETTERMAN & RIOUX · Legal$6,153

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

Recordkeeper by year2
2024LEGACY PROFESSIONALS LLP
2023LEGACY PROFESSIONALS LLP

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

Administrative cost history3
2024$492,845 · 0.07%
2023$469,860 · 0.08%
2022$453,183 · 0.10%
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 510669630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.