Plan Ledger DOL Form 5500 · updated monthly

Trustees, Plumbers' & Pipefitters' Local Supplemental Pension Plan & TProfit-sharing plan

PLUMBERS' & PIPEFITTERS' LOCAL 562 SUPPLEMENTAL PENSION PLAN & TRUST · EARTH CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Trustees, Plumbers' & Pipefitters' Local Supplemental Pension Plan & T reported $944,672 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,289 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 0.37% to 0.22%. 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 68th-largest of 1,393 plans among Missouri employers on file, and the 155th of 5,337 in construction. In 2024, the employer put in $11.18 for every $1.00 employees contributed themselves; active participation has grown from 3,749 to 4,323 since 2022.

Plan summary
Net assets, end of year$458,501,899
Participants with balances4,323
Active participants4,323
Employer contributions$31,510,382
Employee contributions$2,817,763
Employer contribution per active participant$7,289
Average account balance$106,061
Benefits paid to participants$19,588,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$458.5M · 4,323 accts · $31.5M emplr
2023$396.9M · 4,032 accts · $29.1M emplr
2022$325.2M · 3,749 accts · $27.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,993
Investment management$54,680
Audit (IQPA)$84,055
Total administrative$944,672
Employer contributions to the Trustees, Plumbers' & Pipefitters' Local Supplemental Pension Plan & T plan · 2024
Employer contribution per active participant$7,289
Median for plans this size$4,294
2024$7,289 per active participant
2023$7,218 per active participant
2022$7,210 per active participant

Trustees, Plumbers' & Pipefitters' Local Supplemental Pension Plan & T'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
P&P WELFARE EDUCATIONAL FUND · Recordkeeping$235,354
ANDERS MINKLER HUBER & HELM LLP · Accounting / audit · Consulting$94,628
HARTNETT REYES-JONES, LLC · Legal$79,334
MARQUETTE ASSOCIATES · Investment advisory (plan)$30,000
GREENSFELDER, HEMKER & GALE · Legal$10,922
HITS SCANNING · Investment advisory (plan)$8,422
CHARLES L. CRANE AGENCY · Insurance servicesindirect comp

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

Recordkeeper by year2
2024P&P WELFARE EDUCATIONAL FUND
2023P&P WELFARE EDUCATIONAL FUND

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

Administrative cost history3
2024$944,672 · 0.22%
2023$756,730 · 0.21%
2022$1,303,014 · 0.37%
Similar plansConstruction · Missouri
Core & Main MO$500.4M · 0.20%
Ibew Local Union No. 124 MO$445.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 436577917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.