Plan Ledger DOL Form 5500 · updated monthly

Trustees of Painters and Allied Trades DC82 Defined Contribution PensiProfit-sharing plan

PAINTERS AND ALLIED TRADES DC82 DEFINED CONTRIBUTION PENSION PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Trustees of Painters and Allied Trades DC82 Defined Contribution Pensi reported $647,975 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,216 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 0.27% to 0.25%. 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 138th-largest of 1,918 plans among Minnesota employers on file, and the 250th of 5,337 in construction.

Plan summary
Net assets, end of year$272,030,847
Participants with balances3,681
Active participants3,034
Employer contributions$18,859,645
Employee contributions—
Employer contribution per active participant$6,216
Average account balance$73,901
Benefits paid to participants$16,962,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$272.0M · 3,681 accts · $18.9M emplr
2023$252.2M · 3,692 accts · $18.7M emplr
2022$224.2M · 3,600 accts · $17.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$306,110
Investment management$199,578
Audit (IQPA)$17,750
Trustee / custodial$32,207
Total administrative$647,975
Employer contributions to the Trustees of Painters and Allied Trades DC82 Defined Contribution Pensi plan · 2024
Employer contribution per active participant$6,216
Median for plans this size$4,294
2024$6,216 per active participant
2023$6,230 per active participant
2022$5,910 per active participant

Trustees of Painters and Allied Trades DC82 Defined Contribution Pensi'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 · 20248
MILLIMAN, INC. · Contract administrator · Recordkeeping$284,533
FIDUCIENT ADVISORS · Investment advisory (plan)$127,569
DEARBORN PARTNERS LLC · Investment management$72,009
WILSON-MCSHANE CORPORATION · Contract administrator$47,713
SHUMAKER, LOOP & KENDRICK, LLP · Legal$37,309
LEGACY PROFESSIONALS LLP · Accounting / audit$17,750
MATRIX TRUST COMPANY · Custodial (securities)$8,884
FR SECURE LLC · Consulting$7,880

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$647,975 · 0.25%
2023$614,990 · 0.26%
2022$593,047 · 0.27%
Similar plansConstruction · Minnesota
Ryan Companies US, Inc. MN$324.0M · 0.14%
Ames Construction, Inc. MN$213.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812748532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.