Plan Ledger DOL Form 5500 · updated monthly

Bd of Trustees- Plumbers & Fitters Local No. 110 Annuity Trust FundMoney purchase plan

PLUMBERS & FITTERS LOCAL NO. 110 ANNUITY TRUST FUND · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Bd of Trustees- Plumbers & Fitters Local No. 110 Annuity Trust Fund reported $181,702 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,361 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 fell from 0.36% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 435th-largest of 2,266 plans among Virginia employers on file, and the 936th of 5,337 in construction.

Plan summary
Net assets, end of year$58,353,843
Participants with balances840
Active participants816
Employer contributions$2,742,911
Employee contributions—
Employer contribution per active participant$3,361
Average account balance$69,469
Benefits paid to participants$1,711,516
Plan auditUnmodified (clean) audit opinion
AuditorDANIELS, IRWIN & AYLOR, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$58.4M · 840 accts · $2.7M emplr
2023$53.0M · 791 accts · $2.4M emplr
2022$47.1M · 783 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,000
Investment management$95,706
Audit (IQPA)$16,750
Trustee / custodial$2,108
Total administrative$181,702
Employer contributions to the Bd of Trustees- Plumbers & Fitters Local No. 110 Annuity Trust Fund plan · 2024
Employer contribution per active participant$3,361
Median for plans this size$3,635
2024$3,361 per active participant
2023$2,581 per active participant
2022$2,704 per active participant

Bd of Trustees- Plumbers & Fitters Local No. 110 Annuity Trust Fund's 2024 employer contribution ran below the $3,635 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.

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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Custodial$66,539
SOUTHERN BENEFIT ADMINISTRATORS INC · Plan administrator$48,221
REYNOLDS CONSULTING SERVICES$29,167
DANIELS, IRWIN & AYLOR · Accounting / audit$16,750
BRANSTETTER, STRANCH & JENNINGS · Legal$9,435
MUTUAL FUNDS · Custodial (securities) · Investment managementindirect comp

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

Recordkeeper by year2
2024Empower
2023MASSACHUSETTS MUTUAL LIFE INSURANCE

This plan has changed recordkeepers within these filings. If you left Bd of Trustees- Plumbers & Fitters Local No. 110 Annuity Trust Fund before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$181,702 · 0.33%
2023$175,455 · 0.35%
2022$165,988 · 0.36%
Similar plansConstruction · Virginia
Damuth Services, Inc. VA$64.8M · 0.06%
W. M. Jordan Company, Inc. VA$64.0M · 0.18%
Groundworks Operations, LLC VA$62.5M · 0.38%
Pave America Interco, LLC VA$47.0M · 0.52%
S.W. Rodgers Company, Inc. VA$42.9M · 0.16%
Shockey Companies VA$41.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541902629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.