Board of Trustees Local 60 Annuity FundProfit-sharing plan
WESTCHESTER HEAVY CONSTRUCTION LABORERS LOCAL 60 ANNUITY FUND · HAWTHORNE, NY · plan year 2024
Reported admin expense ratio · 2024
0.47%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees Local 60 Annuity Fund reported $903,542 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,308 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 0.475%. 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 471st-largest of 5,648 plans among New York employers on file, and the 344th of 5,337 in construction.
Plan summary
Net assets, end of year$199,857,716
Participants with balances1,751
Active participants1,101
Employer contributions$9,146,738
Employee contributions—
Employer contribution per active participant$8,308
Employer contributions to the Board of Trustees Local 60 Annuity Fund plan · 2024
Employer contribution per active participant$8,308
Median for plans this size$3,635
2024$8,308 per active participant
2023$8,631 per active participant
2022$8,139 per active participant
Board of Trustees Local 60 Annuity Fund's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 133344192 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.