Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Rochester Laborers Annuity FundMoney purchase plan

ROCHESTER LABORERS ANNUITY FUND · ROCHESTER, NY · plan year 2025

Reported admin expense ratio · 2025
0.64%

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

Board of Trustees Rochester Laborers Annuity Fund reported $483,296 in plan administrative expenses for 2025: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,093 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 3 years on file its reported administrative ratio fell from 0.74% to 0.64%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 960th-largest of 5,648 plans among New York employers on file, and the 757th of 5,337 in construction. active participation has shrunk from 1,203 to 850 since 2022.

Plan summary
Net assets, end of year$78,059,376
Participants with balances1,859
Active participants850
Employer contributions$3,478,758
Employee contributions—
Employer contribution per active participant$4,093
Average account balance$41,990
Benefits paid to participants$5,360,681
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$78.1M · 1,859 accts · $3.5M emplr
2024$73.8M · 1,742 accts · $3.6M emplr
2023$69.1M · 1,583 accts · $3.1M emplr
2022$64.8M · 1,203 accts · $2.8M emplr
Administrative expenses, itemized · 2025
Investment management$290,497
Audit (IQPA)$20,993
Total administrative$483,296
Employer contributions to the Board of Trustees Rochester Laborers Annuity Fund plan · 2025
Employer contribution per active participant$4,093
Median for plans this size$4,093
2025$4,093 per active participant
2024$3,959 per active participant
2023$1,968 per active participant
2022$2,301 per active participant

Board of Trustees Rochester Laborers Annuity Fund's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202512
ROCHESTER WELFARE FUND$134,903
MORGAN STANLEY · Custodial$62,553
AMERICAN CORE REALTY FUND · Investment management$49,819
KARPUS · Investment management$44,207
ASHERKELLY · Legal$25,441
POLEN CAPITAL · Investment management$23,964
DOLAN MCENIRY CAPITAL MANAGEMENT · Investment management$22,763
BONADIO & CO., LLP · Accounting / audit$20,993
MANNING & NAPIER · Investment management$18,160
WAYCROSS · Investment management$17,373
REINHART · Investment management$12,082
O'SULLIVAN ASSOCIATES · Actuarial$7,542

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

Administrative cost history4
2025$483,296 · 0.64%
2024$490,852 · 0.69%
2023$457,984 · 0.68%
2022$511,254 · 0.74%
Similar plansConstruction · New York
Suit-Kote Corporation NY$83.7M · 0.26%
J.T. Magen & Company Inc. NY$64.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161253138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.