Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees - Stagehands Local TwoProfit-sharing plan

STAGEHANDS LOCAL TWO ANNUITY PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Board of Trustees - Stagehands Local Two reported $622,388 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,907 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 has held roughly steady near 0.63%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 541st-largest of 3,702 plans among Illinois employers on file, and the 94th of 1,311 in arts, entertainment & recreation. active participation has shrunk from 2,352 to 1,335 since 2022.

Plan summary
Net assets, end of year$105,180,533
Participants with balances2,215
Active participants1,335
Employer contributions$7,885,604
Employee contributions—
Employer contribution per active participant$5,907
Average account balance$47,486
Benefits paid to participants$3,649,786
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.2M · 2,215 accts · $7.9M emplr
2023$93.6M · 2,247 accts · $7.1M emplr
2022$82.0M · 1,841 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,000
Investment management$410,381
Audit (IQPA)$30,200
Trustee / custodial$2,733
Total administrative$622,388
Employer contributions to the Board of Trustees - Stagehands Local Two plan · 2024
Employer contribution per active participant$5,907
Median for plans this size$3,635
2024$5,907 per active participant
2023$4,240 per active participant
2022$1,431 per active participant

Board of Trustees - Stagehands Local Two's 2024 employer contribution ran above the $3,635 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 · 20247
SEI INVESTMENT MANAGEMENT · Trustee · Trustee (discretionary)$407,478
IATSE LOCAL 2 · Other services$112,870
BENEFITS MANAGEMENT GROUP · Contract administrator$36,000
LEGACY PROFESSIONALS LLP · Accounting / audit$30,200
JACOBS BURNS ORLOVE & HERNANDEZ LLP · Legal$7,323
KATHLEEN HECHINGER · Trustee (discretionary) · Other services$5,689
AMALGAMATED BANK OF CHICAGO · Custodial (securities) · Investment management$3,940

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$622,388 · 0.63%
2023$541,699 · 0.62%
2022$523,793 · 0.60%
Similar plansArts, Entertainment & Recreation · Illinois
The Art Institute of Chicago IL$211.0M · 0.14%
Chicago Zoological Society IL$84.3M · 0.14%
Health Fitness Corporation IL$79.7M · 0.09%
John G. Shedd Aquarium IL$57.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363248809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.