Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees U.A.W. Local 2179401(k)

U.A.W. LOCAL 2179 PENSION PLAN · PELHAM, NY · plan year 2024

Reported admin expense ratio · 2024
1.69%

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

Board of Trustees U.A.W. Local 2179 reported $74,216 in plan administrative expenses for 2024: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $291 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 1.90% to 1.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (4,594th of 5,648), and 4,481st of 4,798 in finance & insurance. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,438,783
Participants with balances494
Active participants467
Employer contributions$135,771
Employee contributions$99,034
Employer contribution per active participant$291
Average account balance$8,985
Benefits paid to participants$559,880
Plan auditUnmodified (clean) audit opinion
AuditorGOULD, KOBRICK & SCHLAPP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 494 accts · $136K emplr
2023$4.3M · 483 accts · $130K emplr
2022$3.9M · 513 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,413
Investment management$435
Audit (IQPA)$14,500
Total administrative$74,216
The Board of Trustees U.A.W. Local 2179 401(k) match · 2024
Employer contribution per active participant$291
Median for plans this size$1,313
2024$291 per active participant
2023$296 per active participant
2022$302 per active participant

Board of Trustees U.A.W. Local 2179's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$29,413
MARSHALL & MOSS, LLP · Accounting / audit · Investment advisory (plan)$18,000
GOULD, KOBRICK & SCHLAPP, P.C. · Accounting / audit$14,500
EISNER & DICTOR · Legal$5,000
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp

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$74,216 · 1.69%
2023$61,491 · 1.49%
2022$80,250 · 1.90%
Similar plansFinance & Insurance · New York
Fm Home Loans NY$4.8M · 0.53%
Smartwork, Inc. NY$4.7M · 0.01%
Quadro Partners Inc. NY$4.6M · 0.13%
Electronic Payments Inc. NY$4.4M · 0.05%
Reliant Funding NY$3.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133993300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.