Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Annuity Fund Iuoe Local 15, 15A, 15C, 15D Afl-CioProfit-sharing plan

ANNUITY FUND IUOE LOCAL 15, 15A, 15C, 15D AFL-CIO · LONG ISLAND CITY, NY · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Board of Trustees Annuity Fund Iuoe Local 15, 15A, 15C, 15D Afl-Cio reported $1,631,310 in plan administrative expenses for 2025: 0.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $27,902 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 3 years on file its reported administrative ratio fell from 0.09% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other construction employers. By assets it is the 63rd-largest of 5,648 plans among New York employers on file, and the 15th of 5,337 in construction. In 2025, the employer put in $246.94 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,301,871,934
Participants with balances5,356
Active participants3,341
Employer contributions$93,221,636
Employee contributions$377,506
Employer contribution per active participant$27,902
Average account balance$429,774
Benefits paid to participants$135,603,992
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$2.3B · 5,356 accts · $93.2M emplr
2024$2.1B · 4,966 accts · $96.2M emplr
2023$1.9B · 5,024 accts · $77.7M emplr
2022$1.6B · 5,096 accts · $79.0M emplr
Administrative expenses, itemized · 2025
Investment management$146,787
Audit (IQPA)$80,168
Trustee / custodial$4,000
Total administrative$1,631,310
Employer contributions to the Board of Trustees Annuity Fund Iuoe Local 15, 15A, 15C, 15D Afl-Cio plan · 2025
Employer contribution per active participant$27,902
Median for plans this size$5,084
2025$27,902 per active participant
2024$29,533 per active participant
2023$23,701 per active participant
2022$23,235 per active participant

Board of Trustees Annuity Fund Iuoe Local 15, 15A, 15C, 15D Afl-Cio's 2025 employer contribution ran above the $5,084 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20256
SCHULTHEIS & PANETTIERI, LLP · Accounting / audit$204,494
BRADY MCGUIRE & STEINBERG, P.C. · Legal$94,718
SAGE ADVISORY SERVICES LTD CO · Investment management$75,123
WELLS FARGO ADVISORS · Custodial (securities) · Investment advisory (plan)$56,250
THE BANK OF NEW YORK MELLON · Custodial (securities) · Investment management$4,000
CLARKE & SAMPSON, INC. · Insurance brokerindirect comp

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

Administrative cost history4
2025$1,631,310 · 0.07%
2024$1,778,329 · 0.09%
2023$1,617,878 · 0.09%
2022$1,676,361 · 0.09%
Similar plansConstruction · New York
The Turner Corporation NY$2.8B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132899670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.