Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Local 805Money purchase plan

LOCAL 805 PENSION & RETIREMENT FUND · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Board of Trustees Local 805 reported $858,105 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,220 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 1 year on file its reported administrative ratio rose from 0.78% to 2.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 514th-largest of 5,648 plans among New York employers on file, and the 630th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$179,184,169
Participants with balances0
Active participants452
Employer contributions$1,907,633
Employee contributions—
Employer contribution per active participant$4,220
Average account balance—
Benefits paid to participants$22,135,442
Plan auditUnmodified (clean) audit opinion
AuditorGOULD, KOBRICK & SCHLAPP P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$177.4M · $2.0M emplr
2022$179.2M · $1.9M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$225,318
Investment management$137,185
Professional / advisory$375,638
Total administrative$858,105
Employer contributions to the Board of Trustees Local 805 plan · 2022
Employer contribution per active participant$4,220
Median for plans this size$3,449
2023$4,383 per active participant
2022$4,220 per active participant

Board of Trustees Local 805's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,240,728 · 2.38%
2022$858,105 · 0.78%
Similar plansFinance & Insurance · New York
Pjt Partners Holdings LP NY$183.0M · 0.05%
Pwp Employer LP NY$171.8M · 0.07%
Apple Bank for Savings NY$171.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131917612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.