Plan Ledger DOL Form 5500 · updated monthly

Trustees of the Upper Peninsula Plumbers and Pipefitters Defined401(k)

UPPER PENINSULA PLUMBERS PIPEFITTERS DEFINED CONTRIBUTION PLAN · GREENDALE, WI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Trustees of the Upper Peninsula Plumbers and Pipefitters Defined reported $148,493 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,056 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 0.66% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 715th-largest of 1,936 plans among Wisconsin employers on file, and the 1,698th of 5,337 in construction. In 2024, the employer put in $5.03 for every $1.00 employees contributed themselves; active participation has grown from 280 to 482 since 2022.

Plan summary
Net assets, end of year$25,774,644
Participants with balances427
Active participants482
Employer contributions$990,975
Employee contributions$197,014
Employer contribution per active participant$2,056
Average account balance$60,362
Benefits paid to participants$2,070,645
Plan auditUnmodified (clean) audit opinion
AuditorBENDA, GRACE, STULZ & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 427 accts · $991K emplr
2023$23.8M · 418 accts · $1.0M emplr
2022$20.0M · 440 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,704
Investment management$71,701
Audit (IQPA)$11,100
Trustee / custodial$1,820
Total administrative$148,493
The Trustees of the Upper Peninsula Plumbers and Pipefitters Defined 401(k) match · 2024
Employer contribution per active participant$2,056
Median for plans this size$2,416
2024$2,056 per active participant
2023$2,174 per active participant
2022$3,743 per active participant

Trustees of the Upper Peninsula Plumbers and Pipefitters Defined's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$148,493 · 0.60%
2023$157,949 · 0.72%
2022$123,469 · 0.66%
Similar plansConstruction · Wisconsin
Vh Holdings, LLC WI$32.2M · 0.34%
Novum Holdings LLC WI$26.8M · 0.07%
Super Excavator, Inc. WI$26.8M · 0.19%
Northern Clearing Inc. WI$25.7M · 0.00%
Erdman Company WI$24.5M · 0.25%
Zignego Company, Inc. WI$23.8M · 0.37%
Neuman Pools, Inc. WI$23.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383296005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.