OPERATING ENGINEERS LOCAL NO 37 SEVERANCE & ANNUITY FUND · BALTIMORE, MD · plan year 2024
Reported admin expense ratio · 2024
0.75%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Brd of Trustees Oe 37 S&A Fund reported $612,135 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,218 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 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 203rd-largest of 1,671 plans among Maryland employers on file, and the 723rd of 5,337 in construction. active participation has shrunk from 3,928 to 3,496 since 2022.
Plan summary
Net assets, end of year$83,026,195
Participants with balances3,496
Active participants3,496
Employer contributions$4,259,391
Employee contributions—
Employer contribution per active participant$1,218
Employer contributions to the Brd of Trustees Oe 37 S&A Fund plan · 2024
Employer contribution per active participant$1,218
Median for plans this size$3,635
2024$1,218 per active participant
2023$1,013 per active participant
2022$990 per active participant
Brd of Trustees Oe 37 S&A Fund's 2024 employer contribution ran below the $3,635 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 · 202412
DECISION SCIENCE, INC. · Contract administrator$136,090
Source: U.S. Department of Labor, Form 5500 series, EIN 521215784 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.