Ohio › Construction › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan
Sponsored by Board of Trustees NW Ohio Carp MW PD Supplemental, Maumee, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Board of Trustees NW Ohio Carp MW PD Supplemental of Maumee, Ohio sponsors Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan, a money purchase plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 6,255 participants (2,554 active) and $354M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $56,523 per participant, below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and close to the $54,962 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $17.0M during the year, or $6,672 per active participant against a same-size median of $2,424; participants contributed —. Benefits paid out totalled $24.5M.
Schedule C lists 7 service provider organisations paid $5,000 or more, with reported compensation of $520K: $83.19 per participant, well above the same-size median of $53.38. Administrative expenses charged to the plan were $621K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $148M in 2009 to $354M in 2024 (up 139%), and participants from 5,280 to 6,255 (up 18%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $56,523 | $64,499 | $54,962 | $53,102 |
| Employer contributions per active participant | $6,672 | $2,424 | $2,728 | $2,175 |
| Schedule C compensation per participant | $83.19 | $53.38 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.15% | 0.09% | 0.33% | 0.26% |
| Administrative expenses per participant | $99.32 | $54.85 | $166 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), construction (4,204) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 6,255 | $354M | $56,523 | $17.0M | — | $520K |
| 2023 | 5,774 | $324M | $56,101 | $15.6M | — | $581K |
| 2022 | 5,764 | $296M | $51,287 | $14.9M | — | $468K |
| 2021 | 5,562 | $275M | $49,353 | $14.4M | — | $526K |
| 2020 | 4,642 | $322M | $69,455 | $13.3M | — | $511K |
| 2019 | 4,904 | $265M | $54,111 | $16.2M | — | $424K |
| 2018 | 4,668 | $259M | $55,380 | $16.5M | — | $485K |
| 2017 | 4,285 | $240M | $55,986 | $13.5M | — | $427K |
| 2016 | 4,162 | $226M | $54,321 | $12.9M | — | $462K |
| 2015 | 4,825 | $208M | $43,066 | $14.8M | — | $471K |
| 2014 | 4,358 | $200M | $45,888 | $10.4M | — | $438K |
| 2013 | 4,969 | $200M | $40,271 | $10.4M | — | $460K |
| 2012 | 4,434 | $184M | $41,481 | $10.2M | — | $463K |
| 2011 | 4,966 | $172M | $34,703 | $11.0M | — | $478K |
| 2010 | 5,340 | $167M | $31,212 | $9.0M | — | $502K |
| 2009 | 5,280 | $148M | $27,997 | $9.3M | — | $511K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$323,926,311
- Employer contributions$17,041,460
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$17,041,460
- Total income, including investment results$54,733,072
- Benefits paid$24,489,168
- Administrative expenses$621,234
- Total expenses$25,110,402
- Net income$29,622,670
- Net transfers$0
- Net assets, end of year$353,548,981
Participants
- Active participants2,554
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits3,612
- Participants with account balances6,255
- Total participants, end of year6,255
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Noa | Contract Administrator | $240,306 | $0 |
| Frontier Capital Management | Investment management fees paid directly by plan | $92,973 | $0 |
| Key Bank National Association | Custodial (securities) | $62,738 | $0 |
| Meketa Investment Group | Investment advisory (plan) | $60,000 | $0 |
| Ohio Capenters' Fringe Benefit Fund | Other fees | $26,558 | $0 |
| Huntington Insurance | Insurance agents and brokers; Insurance services | $25,257 | $0 |
| Clark, Schaefer, Hackett & Co. | Accounting (including auditing) | $12,500 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$309,552
- Contract administrator fees$182,292
- Other administrative expenses$99,227
- Legal fees$17,663
- IQPA audit fees$12,500
- Total administrative expenses$621,234
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$173M · 48.8%
- Common/collective trusts$138M · 38.9%
- Partnership/joint venture interests$30.3M · 8.6%
- Corporate stocks$9.1M · 2.6%
- Cash (interest and non-interest bearing)$2.2M · 0.6%
- Receivables$2.0M · 0.6%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmClark, Schaefer, Hackett & Co.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2CMoney purchase (other than target benefit) plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238100: Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding).
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Baker Companies 401(k) Plan | Baker Construction Enterprises Inc. | 8,004 | $181M | $22,563 |
| Operative Plasterers and Cement Masons Profit Sharing Annuity Plan | Operative Plasterers and Cement Masons - Trustees | 4,220 | $115M | $27,246 |
| Iron Workers District Council of So Oh & Vicinity Annuity Trust | Iron Workers District Council of Southern Ohio & Vicinity | 8,817 | $533M | $60,421 |
| Building Your Benefits Retirement Savings Plan | Lithko Contracting, LLC | 4,158 | $86.2M | $20,720 |
| Tradesmen International, LLC 401(k) Plan | Tradesmen International, LLC | 15,946 | $27.6M | $1,733 |
| Sheet Metal Workers' Local 33 Profit Sharing Annuity Plan | Sheet Metal Workers Local 33 | 4,154 | $176M | $42,478 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Northwest Ohio Carpenters, Millwrights and Pile Drivers Supplemental Pension Plan?
6,255 participants at the end of the plan year ending 30 Jun 2025, of whom 2,554 were active employees, with net assets of $353,548,981. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Board of Trustees NW Ohio Carp MW PD Supplemental contribute per participant?
The filing reports $17,041,460 in employer contributions for the year, which is $6,672 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $520,332 in compensation to service provider organisations, $83.19 per participant or 0.15% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $621,234. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees NW Ohio Carp MW PD Supplemental. Recordkeeping or administration: Noa. Investment advisory or management: Meketa Investment Group. Trustee or custodian: Key Bank National Association. The financial statements were audited by Clark, Schaefer, Hackett & Co.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 14 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 34-1697633, plan 001, received 14 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.