Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Cement and Concrete Workers Dc AnnuityProfit-sharing plan

CEMENT AND CONCRETE WORKERS DC ANNUITY FUND · BAYSIDE, NY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Board of Trustees of the Cement and Concrete Workers Dc Annuity reported $989,604 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,387 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 rose from 0.45% to 0.48%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 450th-largest of 5,648 plans among New York employers on file, and the 329th of 5,337 in construction. active participation has shrunk from 1,134 to 1,001 since 2022.

Plan summary
Net assets, end of year$209,618,068
Participants with balances2,752
Active participants1,001
Employer contributions$11,398,098
Employee contributions—
Employer contribution per active participant$11,387
Average account balance$76,169
Benefits paid to participants$19,969,124
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$209.6M · 2,752 accts · $11.4M emplr
2023$199.9M · 3,055 accts · $12.3M emplr
2022$189.3M · 3,229 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Investment management$132,687
Audit (IQPA)$40,646
Total administrative$989,604
Employer contributions to the Board of Trustees of the Cement and Concrete Workers Dc Annuity plan · 2024
Employer contribution per active participant$11,387
Median for plans this size$3,635
2024$11,387 per active participant
2023$10,895 per active participant
2022$10,756 per active participant

Board of Trustees of the Cement and Concrete Workers Dc Annuity's 2024 employer contribution ran above the $3,635 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 · 20245
JOHN HANCOCK RETIREMENT PLAN SVCS · Investment management$84,537
REYNOLDS CONSULTING SERVICES LLC · Investment advisory (plan)$48,150
SCHULTHEIS & PANETTIERI LLP · Accounting / audit$40,646
PROSKAUER ROSE LLP · Legal$18,763
GORLICK KRAVITZ & LISTHAUS PC · Legal$14,437

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

Administrative cost history3
2024$989,604 · 0.48%
2023$1,022,500 · 0.53%
2022$904,453 · 0.45%
Similar plansConstruction · New York
Tmt Bac Local Union #7 NY$213.5M · 1.71%
Dragados USA, Inc. NY$212.3M · 0.13%
U.A. Local 13 Annuity Fund NY$201.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112942389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.