Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees of the Elev Constu Annuity and 401K Ret Plan401(k)

ELEVATOR CONSTRUCTORS ANNUITY AND 401(K) RETIREMENT PLAN · NEWTOWN SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Bd of Trustees of the Elev Constu Annuity and 401K Ret Plan reported $3,905,279 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $16,604 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 0.05% to 0.06%. 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 10th-largest of 3,651 plans among Pennsylvania employers on file, and the 3rd of 5,337 in construction. In 2024, the employer put in $2.81 for every $1.00 employees contributed themselves; active participation has shrunk from 32,318 to 28,341 since 2022.

Plan summary
Net assets, end of year$7,289,922,016
Participants with balances32,732
Active participants28,341
Employer contributions$470,572,383
Employee contributions$167,671,066
Employer contribution per active participant$16,604
Average account balance$222,715
Benefits paid to participants$321,969,483
Plan auditUnmodified (clean) audit opinion
AuditorDANIEL A. WINTERS & COMPANY, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.3B · 32,732 accts · $470.6M emplr
2023$6.3B · 31,699 accts · $434.5M emplr
2022$5.2B · 31,134 accts · $414.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,546,250
Investment management$290,123
Audit (IQPA)$104,537
Trustee / custodial$35,817
Total administrative$3,905,279
The Bd of Trustees of the Elev Constu Annuity and 401K Ret Plan 401(k) match · 2024
Employer contribution per active participant$16,604
Median for plans this size$5,259
2024$16,604 per active participant
2023$14,367 per active participant
2022$12,810 per active participant

Bd of Trustees of the Elev Constu Annuity and 401K Ret Plan'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
NAT'L ELEV IND PENSION PLAN$1,600,000
SEGAL MARCO ADVISORS · Investment advisory (plan)$208,000
O'DONOGHUE & O'DONOGHUE · Legal$195,759
DANIEL A. WINTERS & CO · Accounting / audit$104,537
SEYFARTH SHAW LLP · Legal$44,284
GALLAGHER FIDUCIARY ADVISORS · Investment advisory (plan)$40,000
WELLS FARGO$35,817
TRUSTEE A · Trustee$20,446
TRUSTEE B · Trustee$18,431
SEGAL COMPANY · Consulting$17,830
TRUSTEE C · Trustee$16,168

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$3,905,279 · 0.06%
2023$3,385,717 · 0.06%
2022$2,839,219 · 0.05%
Similar plansConstruction · Pennsylvania
Fluor Corporation TX$3.5B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522125995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.