Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Stone & Marble Masons of Metro Wash D.C. Annuity FuProfit-sharing plan

STONE AND MARBLE MASONS OF METROPOLITAN WASHINGTON D.C. ANNUITY FUND · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
7.06%

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

Board of Trustees, Stone & Marble Masons of Metro Wash D.C. Annuity Fu reported $48,422 in plan administrative expenses for 2024: 7.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,141 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 fell from 44.93% to 7.06%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,603rd of 1,671), and 5,117th of 5,337 in construction. active participation has grown from 271 to 340 since 2022.

Plan summary
Net assets, end of year$971,290
Participants with balances340
Active participants340
Employer contributions$387,995
Employee contributions—
Employer contribution per active participant$1,141
Average account balance$2,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$971K · 340 accts · $388K emplr
2023$401K · 307 accts · $263K emplr
2022$171K · 271 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,720
Investment management$9,375
Audit (IQPA)$9,500
Total administrative$48,422
Employer contributions to the Board of Trustees, Stone & Marble Masons of Metro Wash D.C. Annuity Fu plan · 2024
Employer contribution per active participant$1,141
Median for plans this size$540
2024$1,141 per active participant
2023$858 per active participant
2022$646 per active participant

Board of Trustees, Stone & Marble Masons of Metro Wash D.C. Annuity Fu's 2024 employer contribution ran above the $540 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 · 20243
CARDAY ASSOCIATES · Plan administrator$24,720
NOVAK FRANCELLA, LLC · Accounting / audit$9,500
INVESTMENT PERFORMANCE SERVICES · Investment management$9,375

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$48,422 · 7.06%
2023$56,860 · 19.89%
2022$47,480 · 44.93%
Similar plansConstruction · Maryland
Rock Spring Contracting MD$1.2M · 0.59%
Hammers Utility Corp. MD$1.2M · 0.19%
Gordon Contractors, Inc MD$1.1M · 0.40%
Syngularity MD$554K · 5.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 526117940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.