Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Agma Retirement PlanProfit-sharing plan

THE AGMA RETIREMENT PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Board of Trustees Agma Retirement Plan reported $840,346 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $584 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 0.82% to 0.76%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 425th-largest of 3,651 plans among Pennsylvania employers on file, and the 890th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$116,759,589
Participants with balances8,854
Active participants8,793
Employer contributions$5,132,682
Employee contributions—
Employer contribution per active participant$584
Average account balance$13,187
Benefits paid to participants$5,411,111
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.8M · 8,854 accts · $5.1M emplr
2023$105.2M · 8,616 accts · $5.1M emplr
2022$88.2M · $4.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$401,850
Investment management$25,000
Audit (IQPA)$43,000
Trustee / custodial$3,717
Total administrative$840,346
Employer contributions to the Board of Trustees Agma Retirement Plan plan · 2024
Employer contribution per active participant$584
Median for plans this size$3,635
2024$584 per active participant
2023$605 per active participant
2022$584 per active participant

Board of Trustees Agma Retirement Plan's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20248
CENTRAL DATA SERVICES · Accounting / audit · Plan administrator$140,324
BRIDGEWAY BENEFIT TECHNOLOGIES · Recordkeeping$7,358
SPIVAK LIPTON, LLP · Legal$64,661
SCHULTHEIS & PANETTIERI, LLP · Accounting / audit$43,000
GALLAGHER FIDUCIARY ADVISORS · Actuarial · Investment advisory (plan)$25,000
LOCKTIGHT SOLUTIONS · Consulting$15,098
MILLIMAN, INC. · Actuarial$5,500

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

Recordkeeper by year2
2024BRIDGEWAY BENEFIT TECHNOLOGIES, CENTRAL DATA SERVICES
2023BRIDGEWAY TECHNOLOGIES

This plan has changed recordkeepers within these filings. If you left Board of Trustees Agma Retirement Plan 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$840,346 · 0.76%
2023$1,048,404 · 1.08%
2022$681,402 · 0.82%
Similar plansFinance & Insurance · Pennsylvania
S & T Bank PA$128.4M · 0.03%
Bdp International, Inc. PA$125.9M · 0.25%
Venerable Holdings, Inc. PA$116.7M · 0.01%
Westguard Insurance Company PA$112.0M · 0.09%
Emoney Advisor, LLC PA$100.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133826401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.