Plan Ledger DOL Form 5500 · updated monthly

Trustees of the Smw Local 218(D) Defined Contribution PlanProfit-sharing plan

SHEET METAL WORKERS LOCAL 218(D) DEFINED CONTRIBUTION PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Trustees of the Smw Local 218(D) Defined Contribution Plan reported $103,199 in plan administrative expenses for 2022: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,834 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 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 682nd-largest of 1,562 plans among Indiana employers on file, and the 2,352nd of 5,337 in construction.

Plan summary
Net assets, end of year$16,002,569
Participants with balances139
Active participants125
Employer contributions$729,189
Employee contributions—
Employer contribution per active participant$5,834
Average account balance$115,126
Benefits paid to participants$1,323,522
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 132 accts · $697K emplr
2023$15.0M · 130 accts · $743K emplr
2022$16.0M · 139 accts · $729K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$38,717
Investment management$21,833
Professional / advisory$37,623
Total administrative$103,199
Employer contributions to the Trustees of the Smw Local 218(D) Defined Contribution Plan plan · 2022
Employer contribution per active participant$5,834
Median for plans this size$2,266
2024$5,856 per active participant
2023$6,406 per active participant
2022$5,834 per active participant

Trustees of the Smw Local 218(D) Defined Contribution Plan's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$101,879 · 0.67%
2023$117,202 · 0.76%
2022$103,199 · 0.66%
Similar plansConstruction · Indiana
Harrell-Fish, Inc. IN$16.8M · 0.34%
Wagner-Meinert, LLC IN$16.1M · 0.46%
Reynolds Construction, LLC IN$15.9M · 0.32%
Mep Holding Company Inc. IN$14.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364048417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.