Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees Roofers Local No. 74/203 Annuity FundProfit-sharing plan

ROOFERS LOCAL NO. 74/203 ANNUITY PLAN · WEST SENECA, NY · plan year 2024

Reported admin expense ratio · 2024
2.11%

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

Board of Trustees Roofers Local No. 74/203 Annuity Fund reported $195,601 in plan administrative expenses for 2024: 2.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,521 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 1.56% to 2.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (3,678th of 5,648), and 3,170th of 5,337 in construction. active participation has grown from 521 to 592 since 2022.

Plan summary
Net assets, end of year$9,487,223
Participants with balances620
Active participants592
Employer contributions$1,492,609
Employee contributions—
Employer contribution per active participant$2,521
Average account balance$15,302
Benefits paid to participants$1,538,794
Plan auditUnmodified (clean) audit opinion
AuditorARCARA LENDA EUSANIO & STACEY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 620 accts · $1.5M emplr
2023$9.1M · 598 accts · $1.4M emplr
2022$7.4M · 555 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,263
Investment management$59,038
Audit (IQPA)$15,636
Total administrative$195,601
Employer contributions to the Board of Trustees Roofers Local No. 74/203 Annuity Fund plan · 2024
Employer contribution per active participant$2,521
Median for plans this size$1,313
2024$2,521 per active participant
2023$2,501 per active participant
2022$2,373 per active participant

Board of Trustees Roofers Local No. 74/203 Annuity Fund's 2024 employer contribution ran above the $1,313 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 · 20244
UBS FINANCIAL SERVICES, INC. · Custodial (securities) · Investment advisory (plan)$59,038
TRISHA LEHR$39,144
LUKE BAECKER$29,108
ARCARA LENDA EUSANIO & STACEY CPAS · Accounting / audit$15,636

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$195,601 · 2.11%
2023$122,516 · 1.49%
2022$112,161 · 1.56%
Similar plansConstruction · New York
Lippolis Electric, Inc. NY$9.9M · 0.63%
Dow Electric, Inc. NY$9.4M · 0.73%
Bp Air Conditioning Corp. NY$9.3M · 0.18%
Granite Comfort LP NY$8.9M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452840767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.