Plan Ledger DOL Form 5500 · updated monthly

Bot of Roofers Local No 58 Supplemental Benefit PlanProfit-sharing plan

ROOFERS LOCAL NO 58 SUPPLEMENTAL BENEFIT PLAN · SEATTLE, WA · plan year 2022

Reported admin expense ratio · 2022
1.60%

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

Bot of Roofers Local No 58 Supplemental Benefit Plan reported $61,274 in plan administrative expenses for 2022: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $863 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 1.60% to 2.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Washington (1,449th of 1,714), and 4,355th of 5,337 in construction. In 2022, the employer put in $2.63 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,590,922
Participants with balances255
Active participants89
Employer contributions$76,770
Employee contributions$29,238
Employer contribution per active participant$863
Average account balance$14,082
Benefits paid to participants$637,513
Plan auditUnmodified (clean) audit opinion
AuditorERICKSON, BROWN & KLOSTER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 289 accts · $11K emplr
2023$3.0M · 262 accts · $13K emplr
2022$3.6M · 255 accts · $77K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,075
Investment management$24,306
Professional / advisory$11,896
Total administrative$61,274
Employer contributions to the Bot of Roofers Local No 58 Supplemental Benefit Plan plan · 2022
Employer contribution per active participant$863
Median for plans this size$1,114
2024$157 per active participant
2023$167 per active participant
2022$863 per active participant

Bot of Roofers Local No 58 Supplemental Benefit Plan's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$57,616 · 2.05%
2023$42,738 · 1.29%
2022$61,274 · 1.60%
Similar plansConstruction · Washington
Kirby Electric, Inc. WA$4.0M · 0.45%
Drywall Inc. WA$3.6M · 0.66%
Skis Painting, Inc. WA$3.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840590581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.