Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Ila Warehouse Employee Pension FundMoney purchase plan

ILA WAREHOUSE EMPLOYEES PENSION FUND · STATEN ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Board of Trustees Ila Warehouse Employee Pension Fund reported $181,545 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,039 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 rose from 0.69% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (2,851st of 5,648), and the 870th of 2,677 in transportation & warehousing. active participation has grown from 665 to 801 since 2022.

Plan summary
Net assets, end of year$16,069,849
Participants with balances738
Active participants801
Employer contributions$1,633,261
Employee contributions—
Employer contribution per active participant$2,039
Average account balance$21,775
Benefits paid to participants$2,000,035
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CERTIFIED PUBLIC ACCOUNTANTS &
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 738 accts · $1.6M emplr
2023$15.8M · 622 accts · $839K emplr
2022$15.1M · 429 accts · $789K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,587
Audit (IQPA)$30,000
Total administrative$181,545
Employer contributions to the Board of Trustees Ila Warehouse Employee Pension Fund plan · 2024
Employer contribution per active participant$2,039
Median for plans this size$2,416
2024$2,039 per active participant
2023$1,109 per active participant
2022$1,187 per active participant

Board of Trustees Ila Warehouse Employee Pension Fund's 2024 employer contribution ran below the $2,416 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 · 20244
WEAVER & TIDWELL, LLP · Accounting / audit$30,000
ILA LOCAL UNION 1814 · Other services$15,727
ROBERT H. BOGUCKI, P.C. · Legal$9,115

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

Administrative cost history3
2024$181,545 · 1.14%
2023$147,260 · 0.95%
2022$105,017 · 0.69%
Similar plansTransportation & Warehousing · New York
Qatar Airways Qcsc NY$17.1M · 0.07%
Teals Express Inc NY$14.8M · 0.10%
Albatrans, Inc. NY$12.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 226190794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.