Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of the Ohio Laborers Annuity FundProfit-sharing plan

OHIO LABORERS ANNUITY FUND · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
4.41%

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

Board of Trustees of the Ohio Laborers Annuity Fund reported $1,056,467 in plan administrative expenses for 2024: 4.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,530 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 1 year on file its reported administrative ratio rose from 3.34% to 4.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans. By assets it is the 849th-largest of 3,295 plans among Ohio employers on file.

Plan summary
Net assets, end of year$36,065,269
Participants with balances15,209
Active participants15,209
Employer contributions$23,264,687
Employee contributions—
Employer contribution per active participant$1,530
Average account balance$2,371
Benefits paid to participants$339,238
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history2
Yearassets · accounts · employer contribution
2024$36.1M · 15,209 accts · $23.3M emplr
2023$11.8M · 11,253 accts · $11.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$860,424
Investment management$31,250
Audit (IQPA)$26,000
Total administrative$1,056,467
Employer contributions to the Board of Trustees of the Ohio Laborers Annuity Fund plan · 2024
Employer contribution per active participant$1,530
Median for plans this size$2,416
2024$1,530 per active participant
2023$1,024 per active participant

Board of Trustees of the Ohio Laborers Annuity Fund's 2024 employer contribution ran below the $2,416 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 · 20244
LABORERS DISTRICT COUNCIL PENSION F · Contract administrator$128,949
MEKETA INVESTMENT GROUP, INC. · Investment advisory (plan)$31,250
CIUNI & PANICHI, INC. · Accounting / audit$26,000

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

Administrative cost history2
2024$1,056,467 · 4.41%
2023$394,276 · 3.34%
Similar plansplans of similar size
Webber Metal Products, Inc. IA$36.1M · 0.25%
Stratolaunch, LLC CA$36.1M · 0.11%
Internap Holdings LLC GA$36.1M · 0.22%
Greerwalker LLP NC$36.1M · 0.11%
Chasedesign, LLC NY$36.1M · 0.21%
Brake Parts Inc LLC OH$36.1M · 0.53%
Manke Lumber Company WA$36.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921709100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.