Michigan › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Edw. C. Levy Co. Hourly Employees' Retirement Income Plan
Sponsored by Edw. C. Levy Co., Dearborn, MI
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.
Edw. C. Levy Co. of Dearborn, Michigan sponsors Edw. C. Levy Co. Hourly Employees' Retirement Income Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 246 participants (4 active) and $23.8M in net assets.
Net assets came to $96,753 per participant, above the $80,635 median for defined benefit plans with 100 to 249 participants and close to the $100,593 median for defined benefit 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 filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $0.
Across the filings on record, net assets went from $15.6M in 2009 to $23.8M in 2024 (up 52%), and participants from 303 to 246 (down 19%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $96,753 | $80,635 | $100,593 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $13,292 | $10,244 |
| Schedule C compensation per participant | — | $451 | $443 | $344 |
| Schedule C compensation, share of net assets | — | 0.52% | 0.46% | 0.42% |
| Administrative expenses per participant | — | $582 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), construction (655) and all US plans (5,308). 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 | 246 | $23.8M | $96,752 | — | — | $0 |
| 2023 | 248 | $25.2M | $101,657 | — | — | $0 |
| 2022 | 255 | $24.6M | $96,643 | — | — | $0 |
| 2021 | 263 | $33.2M | $126,373 | — | — | $0 |
| 2020 | 270 | $33.9M | $125,578 | $2.0M | — | $0 |
| 2019 | 274 | $30.1M | $109,971 | $2.0M | — | $0 |
| 2018 | 284 | $25.4M | $89,461 | $2.0M | — | $0 |
| 2017 | 284 | $27.2M | $95,754 | $2.0M | — | $0 |
| 2016 | 287 | $24.7M | $86,143 | $1.7M | — | $0 |
| 2015 | 291 | $23.3M | $80,168 | $2.7M | — | $0 |
| 2014 | 286 | $23.8M | $83,196 | $1.4M | — | $0 |
| 2013 | 333 | $22.6M | $67,787 | $3.6M | — | $0 |
| 2012 | 297 | $18.5M | $62,256 | $1.2M | — | $11K |
| 2011 | 299 | $16.5M | $55,264 | $1.4M | — | $17K |
| 2010 | 302 | $16.9M | $56,017 | $718K | — | $14K |
| 2009 | 303 | $15.6M | $51,607 | $560K | — | $0 |
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$25,211,144
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$198,010
- Benefits paid$1,607,805
- Administrative expenses$0
- Total expenses$1,607,805
- Net income−$1,409,795
- Net transfers$0
- Net assets, end of year$23,801,349
Participants
- Active participants4
- Retired or separated, receiving benefits141
- Retired or separated, entitled to future benefits41
- Total participants, end of year246
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
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.
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.
- Master trust investment accounts$23.8M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmPlante & Moran. PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- 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
1BBenefits are primarily flat dollar (includes dollars per year of service)1HPlan covered by PBGC that was terminated and closed out for PBGC purposes3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238900: Other Specialty Trade Contractors (including site preparation).
Other plans of Edw. C. Levy Co.
| Plan | Participants | Net assets |
|---|---|---|
| Edw. C. Levy Co. Capital Accumulation Plan | 2,025 | $149M |
| Edw. C. Levy Co. 401(k) Plan for Bargaining Unit Employees | 434 | $30.6M |
Similar plans in Michigan
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Roofers Local No. 86 Pension Fund | Board of Trustees, Roofers Local Union No. 86 Pension Fund | 247 | $17.0M | $68,657 |
| Sign, Pictorial and Display Union Local No. 591 AFL-CIO Pension Fund | JT BD of Trustees, Sign Pictorial Display Un Local 591 Aflcio Pen FD | 244 | $19.4M | $79,460 |
| IBEW Local No 461 Variable Pension Plan | Board of Trustees IBEW Local No 461 Variable Pension Plan | 296 | $6.4M | $21,761 |
| Cement Masons Pension Fund of Local No. 165 | Board of Trustees for Cement Masons | 192 | $46.5M | $242,057 |
| Bricklayers and Masons Local No. 22 Pension Plan | Bricklayers and Masons Local NO.22 Pension Plan | 415 | $28.8M | $69,470 |
| IBEW Local No. 32 - Neca Pension Plan | Board of Trustees of the IBEW Local No. 32 - Neca Pension Plan | 513 | $40.8M | $79,510 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Edw. C. Levy Co. Hourly Employees' Retirement Income Plan?
246 participants at the end of the plan year ending 31 Dec 2024, of whom 4 were active employees, with net assets of $23,801,349. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Edw. C. Levy Co. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $0. 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 Edw. C. Levy Co.. The financial statements were audited by Plante & Moran. PLLC. 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 from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. 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 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. 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 38-1253012, plan 334, received 14 Oct 2025; 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.