Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Arizona Laborers & Teamsters Annuity PlanDC plan

ARIZONA LABORERS & TEAMSTERS ANNUITY PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.71%

Board of Trustees Arizona Laborers & Teamsters Annuity Plan reported $397,854 in plan administrative expenses for 2022: 0.71% of average plan assets, higher than ~90% of peers. 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 0.71% to 0.80%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 196th-largest of 1,285 plans among Arizona employers on file, and the 1,061st of 5,337 in construction.

Plan summary
Net assets, end of year$49,484,620
Participants with balances2,648
Active participants2,648
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$18,688
Benefits paid to participants$4,026,641
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN MOFFITT BEHM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.9M · 2,566 accts
2023$49.3M · 2,693 accts
2022$49.5M · 2,648 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$81,640
Investment management$185,079
Professional / advisory$80,285
Total administrative$397,854
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$378,565 · 0.80%
2023$380,788 · 0.77%
2022$397,854 · 0.71%
Similar plansConstruction · Arizona
Kitchell Corporation AZ$87.3M · 0.20%
Modigent LLC AZ$50.9M · 0.65%
Alita Care Holdings LLC AZ$45.6M · 0.54%
Mgc Contractors, Inc. AZ$43.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 866084210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.