District of Columbia › Construction › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Bricklayers and Trowel Trades Int'l Retirement Savings Plan
Sponsored by Bricklayers and Trowel Trades International Pension Fund, Washington, DC
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.
Bricklayers and Trowel Trades Int'l Retirement Savings Plan is a 401(k) plan sponsored by Bricklayers and Trowel Trades International Pension Fund of Washington, District of Columbia. For the plan year ending 31 Dec 2025 it reported 23,493 participants, 21,746 of them active, and net assets of $303M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $11,221 per participant in plan year 2024, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well below 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 $19.0M during the year, or $874 per active participant against a same-size median of $2,424; participants contributed $300K. Benefits paid out totalled $15.5M.
Schedule C lists 11 service provider organisations paid $5,000 or more, with reported compensation of $1.1M: $46.38 per participant, well below the same-size median of $53.38. Administrative expenses charged to the plan were $1.1M. 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 $90.3M in 2009 to $303M in 2025 (up 235%), and participants from 16,931 to 23,493 (up 39%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $11,221 | $64,499 | $54,962 | $53,102 |
| Employer contributions per active participant | $874 | $2,424 | $2,728 | $2,175 |
| Schedule C compensation per participant | $40.18 | $53.38 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.36% | 0.09% | 0.33% | 0.26% |
| Administrative expenses per participant | $45.67 | $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 |
|---|---|---|---|---|---|---|
| 2025 | 23,493 | $303M | $12,890 | $19.0M | $300K | $1.1M |
| 2024 | 23,618 | $265M | $11,221 | $18.6M | $389K | $949K |
| 2023 | 24,232 | $235M | $9,696 | $18.2M | $412K | $861K |
| 2022 | 22,985 | $212M | $9,236 | $18.1M | $411K | $522K |
| 2021 | 21,876 | $239M | $10,944 | $18.5M | $352K | $508K |
| 2020 | 20,726 | $213M | $10,253 | $15.1M | $309K | $430K |
| 2019 | 31,154 | $191M | $6,129 | $16.8M | $291K | $448K |
| 2018 | 19,140 | $162M | $8,487 | $14.8M | $267K | $433K |
| 2017 | 18,997 | $165M | $8,692 | $14.3M | $249K | $466K |
| 2016 | 18,016 | $143M | $7,947 | $15.2M | $205K | $414K |
| 2015 | 17,878 | $130M | $7,249 | $13.9M | $223K | $468K |
| 2014 | 16,906 | $125M | $7,369 | $13.1M | $179K | $449K |
| 2013 | 17,305 | $115M | $6,658 | $11.4M | $163K | $393K |
| 2012 | 16,412 | $106M | $6,457 | $10.4M | $161K | $437K |
| 2011 | 16,798 | $95.9M | $5,710 | $10.0M | $185K | $496K |
| 2010 | 16,665 | $92.6M | $5,554 | $8.8M | $214K | $589K |
| 2009 | 16,931 | $90.3M | $5,335 | $10.7M | $265K | $744K |
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$265,011,844
- Employer contributions$19,013,236
- Participant contributions$300,287
- Rollovers and other contributions—
- Total contributions$19,313,523
- Total income, including investment results$54,427,374
- Benefits paid$15,503,264
- Administrative expenses$1,116,179
- Total expenses$16,619,443
- Net income$37,807,931
- Net transfers$0
- Net assets, end of year$302,819,775
Participants
- Active participants21,746
- Retired or separated, receiving benefits316
- Retired or separated, entitled to future benefits361
- Participants with account balances23,149
- Total participants, end of year23,493
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| BTT International Pension Fund | Contract Administrator | $605,053 | $0 |
| Comerica Bank | Investment management fees paid directly by plan | $160,720 | $0 |
| Arrowstreet Capital Ltd. | Investment advisory (plan) | $141,105 | $0 |
| Alan Biller & Associates | Consulting (pension) | $76,375 | $0 |
| Calibre CPA Group, PLLC | Accounting (including auditing) | $23,690 | $0 |
| Innovative Software & Solutions Inc. | Other services | $17,847 | $0 |
| John Hancock | Custodial (securities); Other services | $17,036 | $0 |
| Fuiman Mogila LLP | Legal | $16,250 | $0 |
| Eberts & Harrison | Insurance agents and brokers | $15,951 | $0 |
| Comerica Bank | Custodial (securities); Other services | $8,387 | $0 |
| Cheiron, Inc. | Consulting (pension); Actuarial | $7,300 | $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
- Contract administrator fees$622,089
- Investment advisory and management fees$301,825
- Other administrative expenses$142,477
- IQPA audit fees$23,690
- Legal fees$18,798
- Actuarial fees$7,300
- Total administrative expenses$1,116,179
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.
- Other investments$199M · 65.6%
- Common/collective trusts$33.8M · 11.1%
- 103-12 investment entities$22.5M · 7.4%
- Registered investment companies (mutual funds)$22.2M · 7.3%
- Insurance company general account$13.1M · 4.3%
- Cash (interest and non-interest bearing)$11.3M · 3.7%
- Receivables$1.6M · 0.5%
- Buildings and other property used in plan operation$13K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCalibre CPA Group PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $2,000,000
- 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
2EProfit-sharing plan2GTotal participant-directed account plan2JCode section 401(k) feature
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).
Other plans of Bricklayers and Trowel Trades International Pension Fund
| Plan | Participants | Net assets |
|---|---|---|
| Bricklayers & Trowel Trades International Pension Fund | 77,108 | $2.07B |
Similar plans in District of Columbia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Anchor Construction Corporation 401(k) Retirement Plan | Anchor Construction Corporation | 523 | $18.8M | $36,034 |
| Magnolia Plumbing Employee 401(k) & Profit Sharing Plan | Joseph J. Magnolia, Inc. | 430 | $41.4M | $96,332 |
| Fort Myer Construction Corporation 401(k) Plan | Fort Myer Construction Corporation | 348 | $24.1M | $69,283 |
| MCN Build, Inc. 401(k) Profit Sharing Plan Trust | MCN Build, Inc. | 174 | $14.8M | $84,920 |
| Chiaramonte Construction Company 401(k) Plan | Chiaramonte Construction Company | 155 | $9.6M | $61,663 |
| Blackwood of DC LLC 401(k) Plan | Blackwood of DC LLC | 126 | $6.0M | $47,961 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Bricklayers and Trowel Trades Int'l Retirement Savings Plan?
23,493 participants at the end of the plan year ending 31 Dec 2025, of whom 21,746 were active employees, with net assets of $302,819,775. 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 Bricklayers and Trowel Trades International Pension Fund contribute per participant?
The filing reports $19,013,236 in employer contributions for the year, which is $874 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 $1,089,714 in compensation to service provider organisations, $46.38 per participant or 0.36% 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 $1,116,179. 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 Bricklayers and Trowel Trades International Pension Fund. Recordkeeping or administration: BTT International Pension Fund. Investment advisory or management: Arrowstreet Capital Ltd.. Trustee or custodian: John Hancock and Comerica Bank. The financial statements were audited by Calibre CPA Group 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. 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 2025 to 31 Dec 2025, received by the Department of Labor on 31 Jul 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 52-6127746, plan 003, received 31 Jul 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.