Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Local Union Number 130, Annuity FundProfit-sharing plan

LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NUMBER 130, ANNUITY FUND · SCRANTON, PA · plan year 2022

Reported admin expense ratio · 2022
1.62%

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

Board of Trustees of Local Union Number 130, Annuity Fund reported $238,430 in plan administrative expenses for 2022: 1.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,475 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 fell from 1.62% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (1,926th of 3,651), and the 2,577th of 5,337 in construction.

Plan summary
Net assets, end of year$14,088,807
Participants with balances1,563
Active participants196
Employer contributions$289,030
Employee contributions—
Employer contribution per active participant$1,475
Average account balance$9,014
Benefits paid to participants$1,241,001
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 522 accts · $302K emplr
2023$14.0M · 1,537 accts · $241K emplr
2022$14.1M · 1,563 accts · $289K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$46,478
Investment management$155,701
Professional / advisory$24,791
Total administrative$238,430
Employer contributions to the Board of Trustees of Local Union Number 130, Annuity Fund plan · 2022
Employer contribution per active participant$1,475
Median for plans this size$2,266
2024$614 per active participant
2023$1,213 per active participant
2022$1,475 per active participant

Board of Trustees of Local Union Number 130, Annuity Fund's 2022 employer contribution ran below the $2,266 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 history3
2024$86,590 · 0.66%
2023$225,069 · 1.60%
2022$238,430 · 1.62%
Similar plansConstruction · Pennsylvania
Ryco Inc. PA$14.2M
Kurkurin Contracting, Inc. PA$14.0M · 0.44%
Frank Bryan, Inc. PA$13.9M · 0.33%
Brothers, Inc. PA$13.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237062537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.