Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Metal Lathers Local 46 Annuity FundDC plan

METAL LATHERS LOCAL 46 ANNUITY FUND · WOODSIDE, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Board of Trustees of Metal Lathers Local 46 Annuity Fund reported $506,465 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,226 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 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 322nd-largest of 5,648 plans among New York employers on file, and the 215th of 5,337 in construction.

Plan summary
Net assets, end of year$328,300,943
Participants with balances2,034
Active participants1,823
Employer contributions$11,350,441
Employee contributions—
Employer contribution per active participant$6,226
Average account balance$161,407
Benefits paid to participants$29,504,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$328.3M · 2,034 accts · $11.4M emplr
2023$309.7M · 2,077 accts · $12.2M emplr
2022$287.8M · 2,140 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,996
Investment management$37,500
Audit (IQPA)$26,000
Trustee / custodial$85,513
Total administrative$506,465
Employer contributions to the Board of Trustees of Metal Lathers Local 46 Annuity Fund plan · 2024
Employer contribution per active participant$6,226
Median for plans this size$4,294
2024$6,226 per active participant
2023$6,674 per active participant
2022$6,505 per active participant

Board of Trustees of Metal Lathers Local 46 Annuity Fund's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
JOHN HANCOCK · Recordkeeping$85,513
FITZSIMMONS ABRAMS, LLP · Accounting / audit$93,361
MARSHALL AND MOSS, LLP · Plan administrator$48,672
REYNOLDS CONSULTING SERVICES, LLC · Investment advisory (plan)$37,500
JBM COMPUTER CONSULTANTS INC · Other services$34,242
PROSKAUER ROSE LLP · Legal$32,732
CALIBRE CPA GROUP PLLC · Accounting / audit$26,000
COLLERAN O'HARA & MILLS LLP · Legal$25,178
THE SEGAL COMPANY · Actuarial$9,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023Prudential

This plan has changed recordkeepers within these filings. If you left Board of Trustees of Metal Lathers Local 46 Annuity Fund before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$506,465 · 0.16%
2023$577,923 · 0.19%
2022$482,378 · 0.15%
Similar plansConstruction · New York
Sto Building Group, Inc. NY$402.3M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 136179359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.