Board of Trustees Local 456 Annuity FundProfit-sharing plan

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

Board of Trustees Local 456 Annuity Fund reported $1,519,176 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,815 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 0.53% to 0.66%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 410th-largest of 5,648 plans among New York employers on file, and the 138th of 2,677 in transportation & warehousing. active participation has shrunk from 1,619 to 1,046 since 2022.