Plan Ledger DOL Form 5500 · updated monthly

Trustees of Sheet Metal Workers Int'l Association Local No. 73DC plan

SHEET METAL WORKERS INTERNATIONAL ASSOCIATION LOCAL 73 ANNUITY PLAN · HILLSIDE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Trustees of Sheet Metal Workers Int'l Association Local No. 73 reported $556,514 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $22,305 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 0.13% to 0.08%. 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 120th-largest of 3,702 plans among Illinois employers on file, and the 92nd of 5,337 in construction. active participation has shrunk from 2,190 to 1,792 since 2022.

Plan summary
Net assets, end of year$707,530,389
Participants with balances2,843
Active participants1,792
Employer contributions$39,970,873
Employee contributions—
Employer contribution per active participant$22,305
Average account balance$248,868
Benefits paid to participants$48,872,747
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$707.5M · 2,843 accts · $40.0M emplr
2023$653.0M · 2,884 accts · $40.2M emplr
2022$560.2M · 2,896 accts · $39.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,581
Investment management$194,647
Audit (IQPA)$24,850
Total administrative$556,514
Employer contributions to the Trustees of Sheet Metal Workers Int'l Association Local No. 73 plan · 2024
Employer contribution per active participant$22,305
Median for plans this size$4,294
2024$22,305 per active participant
2023$22,774 per active participant
2022$18,231 per active participant

Trustees of Sheet Metal Workers Int'l Association Local No. 73's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 202410
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$54,132
BRIDGEWAY BENEFIT TECHNOLOGIES · Recordkeeping · Consulting$10,754
CALIBRE CPA GROUP, LLC · Recordkeeping$9,358
RICHARD WOLF & CO · Recordkeeping$7,941
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$123,099
MARQUETTE ASSOCIATES, INC · Investment advisory (plan)$40,000
MAGALY NAVA$34,146
GREGORIO, STEC, KLEIN & HOSE · Legal$32,156
FIDELITY INVESTMENTS INSTL OPS · Loan processing$31,548
SEGAL SELECT INSURANCE SERVICES · Insurance broker$14,415

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

Recordkeeper by year2
2024BRIDGEWAY BENEFIT TECHNOLOGIES, CALIBRE CPA GROUP, LLC, LEGACY PROFESSIONALS LLP, RICHARD WOLF & CO
2023BRIDGEWAY BENEFIT TECHNOLOGIES, CALIBRE CPA GROUP, LLC, LEGACY PROFESSIONALS LLP, NTIVA, INC., RICHARD WOLF & CO

This plan has changed recordkeepers within these filings. If you left Trustees of Sheet Metal Workers Int'l Association Local No. 73 before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$556,514 · 0.08%
2023$651,230 · 0.11%
2022$746,112 · 0.13%
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 205002115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.