Bd of Trustees of the Smw Annuity FundProfit-sharing plan
SHEET METAL WORKERS ANNUITY FUND LOCAL UNION NO. 19 · PHILADELPHIA, PA · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Bd of Trustees of the Smw Annuity Fund reported $720,711 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,311 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 0.10% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 163rd-largest of 3,651 plans among Pennsylvania employers on file, and the 48th of 2,534 in administrative & support services. active participation has grown from 2,783 to 3,255 since 2022.
Bd of Trustees of the Smw Annuity Fund's 2024 employer contribution ran above the $4,294 median for plans its size. 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 232245696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.