Missouri › Construction › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Feb 2024 to 31 Jan 2025
Mo-Kan Iron Workers Annuity Fund
Sponsored by Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan, Kansas City, MO
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.
Mo-Kan Iron Workers Annuity Fund is a money purchase plan sponsored by Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan of Kansas City, Missouri. For the plan year ending 31 Jan 2025 it reported 2,808 participants, 2,403 of them active, and net assets of $247M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $87,853 per participant, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above 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 $14.6M during the year, or $6,060 per active participant against a same-size median of $2,045; participants contributed —. Benefits paid out totalled $10.2M.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $399K: $142 per participant, well above the same-size median of $82.08. Administrative expenses charged to the plan were $444K. 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 $109M in 2009 to $247M in 2024 (up 126%), and participants from 3,035 to 2,808 (down 7%).
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 | $87,853 | $50,295 | $54,962 | $53,102 |
| Employer contributions per active participant | $6,060 | $2,045 | $2,728 | $2,175 |
| Schedule C compensation per participant | $142 | $82.08 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.16% | 0.17% | 0.33% | 0.26% |
| Administrative expenses per participant | $158 | $82.20 | $166 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 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 | 2,808 | $247M | $87,853 | $14.6M | — | $399K |
| 2023 | 1,828 | $217M | $118,934 | $14.3M | — | $306K |
| 2022 | 2,061 | $204M | $98,881 | $11.0M | — | $294K |
| 2020 | 1,543 | $217M | $140,681 | $11.5M | — | $293K |
| 2019 | 1,499 | $189M | $126,184 | $11.8M | — | $297K |
| 2018 | 1,428 | $174M | $121,635 | $11.0M | — | $222K |
| 2017 | 1,626 | $178M | $109,326 | $10.8M | — | $416K |
| 2016 | 1,620 | $161M | $99,525 | $13.9M | — | $728K |
| 2015 | 1,705 | $149M | $87,297 | $12.2M | — | $706K |
| 2014 | 1,839 | $148M | $80,586 | $12.6M | — | $773K |
| 2013 | 1,999 | $138M | $69,264 | $12.8M | — | $562K |
| 2012 | 1,881 | $125M | $66,607 | $11.0M | — | $503K |
| 2011 | 2,387 | $118M | $49,232 | $8.9M | — | $500K |
| 2010 | 2,781 | $120M | $43,058 | $10.5M | — | $508K |
| 2009 | 3,035 | $109M | $35,911 | $12.7M | — | $418K |
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$217,412,416
- Employer contributions$14,563,153
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$14,563,153
- Total income, including investment results$39,924,048
- Benefits paid$10,200,354
- Administrative expenses$443,822
- Total expenses$10,644,176
- Net income$29,279,872
- Net transfers$0
- Net assets, end of year$246,692,288
Participants
- Active participants2,403
- Retired or separated, receiving benefits38
- Retired or separated, entitled to future benefits280
- Participants with account balances909
- Total participants, end of year2,808
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| John Hancock Retirement Plan Servic | Custodial (other than securities); Custodial (securities); Investment advisory (participants) | $157,551 | $0 |
| Construction Benefits Audit Corpora | Direct payment from the plan | $61,286 | $0 |
| Fiducient Advisors | Investment advisory (plan) | $53,000 | $0 |
| Wilson-McShane Corporation | Direct payment from the plan | $44,577 | $0 |
| Segal Select Insurance Services | Insurance services | $28,090 | $0 |
| Anders Minkler Huber Helm LLP | Accounting (including auditing) | $22,600 | $0 |
| Iron Mountain | Other services | $20,028 | $0 |
| The Segal Company | Consulting (pension) | $11,843 | $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$197,629
- IQPA audit fees$83,886
- Other administrative expenses$54,362
- Legal fees$48,006
- Contract administrator fees$43,500
- Actuarial fees$11,843
- Trustee and custodial fees$4,596
- Total administrative expenses$443,822
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)$244M · 98.8%
- Cash (interest and non-interest bearing)$1.5M · 0.6%
- Receivables$1.3M · 0.5%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmAnders Minkler Huber Helm LLP
- 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) plan2FERISA section 404(c) plan2GTotal participant-directed account plan2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 237990: Other Heavy & Civil Engineering Construction.
Other plans of Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan
| Plan | Participants | Net assets |
|---|---|---|
| Mo-Kan Iron Workers Pension Fund | 2,328 | $266M |
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Emery Sapp 401(k) Plan | Emery Sapp Construction, Inc. | 2,972 | $87.5M | $29,442 |
| Roofers Local #2 Supplemental Pension Plan | Trustees of United Union of Roofers Waterproofers & Allied Workers #2 | 2,636 | $87.6M | $33,249 |
| Sheet Metal Workers Local No. 2 401(k) Plan | Board of Trustees Sheet Metal Workers Local 2 | 3,386 | $108M | $31,932 |
| Azuria Water Solutions, Inc. 401(k) Profit Sharing Plan | Azuria Water Solutions, Inc. | 2,583 | $190M | $73,395 |
| Je Dunn Employee Stock Ownership Plan and Trust | J.E. Dunn Construction Group, Inc. | 3,740 | $621M | $165,933 |
| Garney Holding Company Employee Stock Ownership Plan and Trust | Garney Holding Company | 2,583 | $1.67B | $646,097 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Mo-Kan Iron Workers Annuity Fund?
2,808 participants at the end of the plan year ending 31 Jan 2025, of whom 2,403 were active employees, with net assets of $246,692,288. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan contribute per participant?
The filing reports $14,563,153 in employer contributions for the year, which is $6,060 per active participant; the median for plans of the same type and size was $2,045 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 $398,975 in compensation to service provider organisations, $142 per participant or 0.16% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $443,822. 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 Joint Board of Trustees Mo-Kan Iron Workers Annuity Plan. Investment advisory or management: John Hancock Retirement Plan Servic and Fiducient Advisors. Trustee or custodian: John Hancock Retirement Plan Servic. The financial statements were audited by Anders Minkler Huber Helm LLP. 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 Feb 2024 to 31 Jan 2025, received by the Department of Labor on 17 Nov 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 43-6130595, plan 002, received 17 Nov 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.