Trustees of Plumbers/Steamfitters Local 440 Defined Cont Pens FundMoney purchase plan

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

Trustees of Plumbers/Steamfitters Local 440 Defined Cont Pens Fund reported $375,180 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $3,004 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. 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 78th-largest of 1,562 plans among Indiana employers on file, and the 347th of 5,337 in construction. In 2024, the employer put in $2.49 for every $1.00 employees contributed themselves; active participation has grown from 2,898 to 3,535 since 2022.