Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees General Building Lab Local 66 Annuity FundProfit-sharing plan

GENERAL BUILDING LABORERS' LOCAL 66 ANNUITY FUND · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Board of Trustees General Building Lab Local 66 Annuity Fund reported $871,126 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,803 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 0.68% to 0.63%. 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 609th-largest of 5,648 plans among New York employers on file, and the 466th of 5,337 in construction.

Plan summary
Net assets, end of year$141,088,812
Participants with balances2,456
Active participants2,456
Employer contributions$6,883,494
Employee contributions—
Employer contribution per active participant$2,803
Average account balance$57,447
Benefits paid to participants$12,686,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.1M · 2,456 accts · $6.9M emplr
2023$133.7M · 2,415 accts · $6.6M emplr
2022$119.7M · 2,393 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Investment management$254,081
Audit (IQPA)$39,466
Total administrative$871,126
Employer contributions to the Board of Trustees General Building Lab Local 66 Annuity Fund plan · 2024
Employer contribution per active participant$2,803
Median for plans this size$3,635
2024$2,803 per active participant
2023$2,727 per active participant
2022$2,813 per active participant

Board of Trustees General Building Lab Local 66 Annuity Fund'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 · 202412
BRIDGEWAY BENEFIT TECHNOLOGIES · Recordkeeping$44,688
LAZARD ASSET MANAGEMENT LLC · Investment management$107,927
SCHULTHEIS & PANETTIERI LLP · Accounting / audit$77,587
HIGH LEVEL TECHNOLOGIES INC · Consulting$41,236
DAHAB ASSOCIATES INC · Investment advisory (plan)$38,225
PROSKAUER ROSE LLP · Legal$32,125
LAVELLE LAW & ASSOCIATES PC · Legal$20,700
THE SEGAL CO. (EASTERN STATES), INC · Actuarial$20,439
STATE STREET GLOBAL ADVISORS TRUST · Custodial (securities) · Investment management$18,107
RICHMOND CAPITAL MANAGEMENT · Investment management$15,590
HANCOCK WHITNEY · Custodial (securities)$10,656
THE UNION LABOR LIFE INSURANCE COMP · Investment managementindirect comp

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
2023BRIDGEWAY BENEFIT TECHNOLOGIES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$871,126 · 0.63%
2023$808,326 · 0.64%
2022$800,397 · 0.68%
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Source: U.S. Department of Labor, Form 5500 series, EIN 112977468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.