Board of Trustees Local 1298 Annuity FundMoney purchase plan

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

Board of Trustees Local 1298 Annuity Fund reported $2,169,925 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,953 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 has held roughly steady near 0.79%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 357th-largest of 5,648 plans among New York employers on file, and the 242nd of 5,337 in construction.