Plan Ledger DOL Form 5500 · updated monthly

Blding Laborers Local 310 AnnuityProfit-sharing plan

BUILDING LABORERS LOCAL 310 ANNUITY FUND · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Blding Laborers Local 310 Annuity reported $187,108 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,367 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 0.13% to 0.15%. 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 320th-largest of 3,295 plans among Ohio employers on file, and the 516th of 5,337 in construction. active participation has grown from 1,341 to 1,862 since 2022.

Plan summary
Net assets, end of year$125,171,303
Participants with balances3,370
Active participants1,862
Employer contributions$6,268,442
Employee contributions—
Employer contribution per active participant$3,367
Average account balance$37,143
Benefits paid to participants$11,379,362
Plan auditUnmodified (clean) audit opinion
AuditorYURCHYK & DAVIS CPA'S, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$125.2M · 3,370 accts · $6.3M emplr
2023$122.1M · 3,470 accts · $5.9M emplr
2022$115.8M · 3,048 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,553
Investment management$24,000
Audit (IQPA)$17,900
Trustee / custodial$36,502
Total administrative$187,108
Employer contributions to the Blding Laborers Local 310 Annuity plan · 2024
Employer contribution per active participant$3,367
Median for plans this size$3,635
2024$3,367 per active participant
2023$3,031 per active participant
2022$4,406 per active participant

Blding Laborers Local 310 Annuity'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 · 20244
LOCAL 310 FRINGE BENEFIT FUNDS$77,553
COMERICA BANK · Investment management$36,416
SEGAL MARCO ADVISORS · Investment advisory (plan)$24,000
YURCHYK & DAVIS CPA'S, INC. · Accounting / audit$17,900

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$187,108 · 0.15%
2023$180,723 · 0.15%
2022$154,170 · 0.13%
Similar plansConstruction · Ohio
Sheet Metal Workers Local 33 OH$176.5M · 0.18%
The Fishel Company OH$141.2M · 0.04%
Ernst Enterprises, Inc. OH$122.0M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341800561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.