Board of Trust of the Annuity Fd of the Electrical Industry of LiMoney purchase plan
ANNUITY FD OF THE ELECTRICAL INDUSTRY OF LONG ISLAND · HAUPPAUGE, NY · plan year 2024
Reported admin expense ratio · 2024
0.30%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Board of Trust of the Annuity Fd of the Electrical Industry of Li reported $1,319,050 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,615 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 0.29% to 0.30%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 243rd-largest of 5,648 plans among New York employers on file, and the 158th of 5,337 in construction.
Plan summary
Net assets, end of year$445,439,814
Participants with balances2,955
Active participants2,390
Employer contributions$15,810,338
Employee contributions—
Employer contribution per active participant$6,615
Employer contributions to the Board of Trust of the Annuity Fd of the Electrical Industry of Li plan · 2024
Employer contribution per active participant$6,615
Median for plans this size$4,294
2024$6,615 per active participant
2023$5,779 per active participant
2022$5,224 per active participant
Board of Trust of the Annuity Fd of the Electrical Industry of Li'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.
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 · 202410
UNION LABOR LIFE INSURANCE COMPANY · Investment management$144,099
BANK OF NEW YORK MELLON · Custodial (securities) · Investment management$111,953
Source: U.S. Department of Labor, Form 5500 series, EIN 116045930 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.