Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Opcmia Local 526 Annuity PlanProfit-sharing plan

OPCMIA LOCAL 526 ANNUITY PLAN · MUNHALL, PA · plan year 2024

Reported admin expense ratio · 2024
2.05%

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

Board of Trustees Opcmia Local 526 Annuity Plan reported $231,447 in plan administrative expenses for 2024: 2.05% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,975 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 1.24% to 2.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,129th of 3,651), and 2,842nd of 5,337 in construction.

Plan summary
Net assets, end of year$11,755,833
Participants with balances825
Active participants502
Employer contributions$1,995,506
Employee contributions—
Employer contribution per active participant$3,975
Average account balance$14,249
Benefits paid to participants$2,216,943
Plan auditUnmodified (clean) audit opinion
AuditorDICLAUDIO & KRAMER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 825 accts · $2.0M emplr
2023$10.8M · 668 accts · $1.7M emplr
2022$8.5M · 633 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,612
Audit (IQPA)$12,100
Total administrative$231,447
Employer contributions to the Board of Trustees Opcmia Local 526 Annuity Plan plan · 2024
Employer contribution per active participant$3,975
Median for plans this size$2,416
2024$3,975 per active participant
2023$3,221 per active participant
2022$2,565 per active participant

Board of Trustees Opcmia Local 526 Annuity Plan's 2024 employer contribution ran above 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping · Participant communication$53,892
DICLAUDIO & KRAMER, LLC · Accounting / audit$12,100
STEPHEN J. O'BRIEN & ASSOCIATES, LL · Legal$7,440

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$231,447 · 2.05%
2023$188,515 · 1.95%
2022$107,921 · 1.24%
Similar plansConstruction · Pennsylvania
Smucker Company PA$11.9M · 0.28%
Lobar Associates, Inc. PA$11.8M · 0.16%
Blair Image Elements PA$11.7M · 0.25%
Hannabery Electric, Inc. PA$11.3M · 0.35%
Youngblood Paving, Inc. PA$10.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 256130880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.