Board of Trustees of the Annuity Plan of the Electrical IndustryProfit-sharing plan
ANNUITY PLAN OF THE ELECTRICAL INDUSTRY · FLUSHING, NY · plan year 2024
Reported admin expense ratio · 2024
0.32%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Board of Trustees of the Annuity Plan of the Electrical Industry reported $7,111,811 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,387 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 0.42% to 0.32%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 64th-largest of 5,648 plans among New York employers on file, and the 16th of 5,337 in construction.
Plan summary
Net assets, end of year$2,282,172,745
Participants with balances39,697
Active participants17,860
Employer contributions$96,208,347
Employee contributions—
Employer contribution per active participant$5,387
Employer contributions to the Board of Trustees of the Annuity Plan of the Electrical Industry plan · 2024
Employer contribution per active participant$5,387
Median for plans this size$5,259
2024$5,387 per active participant
2023$5,146 per active participant
2022$4,407 per active participant
Board of Trustees of the Annuity Plan of the Electrical Industry's 2024 employer contribution ran above the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 136123600 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.