Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Teamsters Managed AnnuityMoney purchase plan

TEAMSTERS MANAGED ANNUITY TRUST FUND · PLEASANTON, CA · plan year 2024

Reported admin expense ratio · 2024
3.14%

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

Board of Trustees of Teamsters Managed Annuity reported $182,006 in plan administrative expenses for 2024: 3.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,398 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 2.90% to 3.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (6,691st of 9,483), and 1,513th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$5,946,885
Participants with balances376
Active participants159
Employer contributions$858,315
Employee contributions—
Employer contribution per active participant$5,398
Average account balance$15,816
Benefits paid to participants$577,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 376 accts · $858K emplr
2023$5.7M · 368 accts · $777K emplr
2022$5.4M · 388 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,664
Investment management$3,218
Audit (IQPA)$20,280
Total administrative$182,006
Employer contributions to the Board of Trustees of Teamsters Managed Annuity plan · 2024
Employer contribution per active participant$5,398
Median for plans this size$1,313
2024$5,398 per active participant
2023$4,917 per active participant
2022$4,328 per active participant

Board of Trustees of Teamsters Managed Annuity's 2024 employer contribution ran above the $1,313 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 · 20246
NORTHWEST PLAN SERVICES · Recordkeeping · Consulting$34,201
WITHUMSMITH+BROWN, PC · Accounting / audit$41,552
DMC INSURANCE ADMINISTRATORS, INC. · Contract administrator$40,983
WEINBERG, ROGER & ROSENFELD · Legal$37,389
PRESTIGE PRINTING$10,707
MAMMINI COMPANY · Consulting · Investment advisory (plan)$10,124

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

Recordkeeper by year2
2024NWPS
2023NWPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$182,006 · 3.14%
2023$164,502 · 2.97%
2022$153,030 · 2.90%
Similar plansTransportation & Warehousing · California
Hopskipdrive, Inc. CA$6.3M · 0.46%
Music Express Inc. CA$6.3M · 0.01%
Dexterity, Inc. CA$6.0M · 0.23%
Gsc Logistics, Inc. CA$5.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943138275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.