Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees Annuity Fund of the Iuoe Lcl Union 94, 94A, 94B Afl-CioProfit-sharing plan

ANNUITY FD OF THE IUOE LOCAL UNION 94, 94A, 94B AFL-CIO · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Bd of Trustees Annuity Fund of the Iuoe Lcl Union 94, 94A, 94B Afl-Cio reported $3,141,153 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,031 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 rose from 0.17% to 0.18%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 73rd-largest of 5,648 plans among New York employers on file, and the 25th of 5,337 in construction.

Plan summary
Net assets, end of year$1,820,901,433
Participants with balances7,900
Active participants5,885
Employer contributions$70,800,188
Employee contributions—
Employer contribution per active participant$12,031
Average account balance$230,494
Benefits paid to participants$99,543,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 7,900 accts · $70.8M emplr
2023$1.7B · 7,874 accts · $68.5M emplr
2022$1.5B · 7,842 accts · $64.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,434
Investment management$1,509,900
Audit (IQPA)$80,150
Total administrative$3,141,153
Employer contributions to the Bd of Trustees Annuity Fund of the Iuoe Lcl Union 94, 94A, 94B Afl-Cio plan · 2024
Employer contribution per active participant$12,031
Median for plans this size$5,259
2024$12,031 per active participant
2023$11,776 per active participant
2022$11,119 per active participant

Bd of Trustees Annuity Fund of the Iuoe Lcl Union 94, 94A, 94B Afl-Cio's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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 · 202412
EAGLE CAPITAL MANAGEMENT, LLC · Investment management$388,527
WCM INVESTMENT MANAGEMENT, LLC · Investment management$381,830
PROSKAUER ROSE, LLP · Legal$376,914
MADISON INVESTMENT ADVISORS, LLC · Investment management$200,168
M. O'CONNOR$181,832
MACKAY SHIELDS, LLC · Investment management$141,140
STACEY BRAUN ASSOCIATES INC. · Investment management$140,674
SCHULTHEIS & PANETTIERI, LLP · Accounting / audit$132,584
C. BAFFUTO$111,857
K. ANTONACCIO$106,385
PITTA, LLP · Legal$104,039
T. SIEBOR$102,614

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

Administrative cost history3
2024$3,141,153 · 0.18%
2023$2,834,731 · 0.18%
2022$2,634,408 · 0.17%
Similar plansConstruction · New York
The Turner Corporation NY$2.8B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 136817367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.