Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Bricklayers & Stonemasons Local 5 Annuity FundProfit-sharing plan

BRICKLAYERS AND STONEMASONS LOCAL 5 ANNUITY FUND · CHERRY HILL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Board of Trustees of Bricklayers & Stonemasons Local 5 Annuity Fund reported $108,473 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,681 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 0.61% to 0.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Jersey (1,271st of 2,419), and the 2,514th of 5,337 in construction. active participation has shrunk from 96 to 83 since 2022.

Plan summary
Net assets, end of year$14,607,148
Participants with balances247
Active participants83
Employer contributions$720,521
Employee contributions—
Employer contribution per active participant$8,681
Average account balance$59,138
Benefits paid to participants$1,089,339
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 247 accts · $721K emplr
2023$13.6M · 277 accts · $490K emplr
2022$13.1M · 293 accts · $529K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,988
Investment management$54,893
Trustee / custodial$501
Total administrative$108,473
Employer contributions to the Board of Trustees of Bricklayers & Stonemasons Local 5 Annuity Fund plan · 2024
Employer contribution per active participant$8,681
Median for plans this size$2,416
2024$8,681 per active participant
2023$6,619 per active participant
2022$5,511 per active participant

Board of Trustees of Bricklayers & Stonemasons Local 5 Annuity Fund's 2024 employer contribution ran above the $2,416 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.

Service providers · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Trustee (directed)$54,893
BENEFIT PROCESSING, INC · Contract administrator$37,988
ODONOGHUE & ODONOGHUE · Insurance broker$11,369
WELLS FARGO CLEARING SERVICES LLCindirect comp

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$108,473 · 0.77%
2023$116,765 · 0.88%
2022$80,015 · 0.61%
Similar plansConstruction · New Jersey
Crisdel Group, Inc. NJ$16.6M · 1.26%
Cs Energy, LLC NJ$15.8M · 0.50%
Kubik Maltbie, Inc. NJ$15.6M · 0.47%
A.C.T. Lighting, Inc. NJ$13.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 236535428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.