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
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.
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.