Board of Trustees of Stone SettersProfit-sharing plan
STONE SETTERS ANNUITY FUND LOCAL 84 · NEW YORK, NY · plan year 2023
Reported admin expense ratio · 2023
1.03%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of Stone Setters reported $269,607 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $14,082 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 0.90% to 1.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,101st-largest of 5,648 plans among New York employers on file, and 2,588th of 4,798 in finance & insurance.
Plan summary
Net assets, end of year$26,860,692
Participants with balances221
Active participants126
Employer contributions$1,774,276
Employee contributions—
Employer contribution per active participant$14,082
Average account balance$121,542
Benefits paid to participants$1,497,791
Plan auditUnmodified (clean) audit opinion
AuditorGOULD, KOBRICK, & SCHLAPP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 199 accts · $1.5M emplr
2023$26.9M · 221 accts · $1.8M emplr
2022$25.7M · 227 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,260
Investment management$77,804
Audit (IQPA)$35,238
Total administrative$269,607
Employer contributions to the Board of Trustees of Stone Setters plan · 2023
Employer contribution per active participant$14,082
Median for plans this size$2,440
2024$13,312 per active participant
2023$14,082 per active participant
2022$11,554 per active participant
Board of Trustees of Stone Setters's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Service providers · 202312
STONE SETTERS PENSION FUND LOCAL 84 · Recordkeeping$27,540
Source: U.S. Department of Labor, Form 5500 series, EIN 136121379 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.