Plan Ledger DOL Form 5500 · updated monthly

Bricklayers Local 1 of Pa/De Annuity FundProfit-sharing plan

BRICKLAYERS LOCAL 1 OF PA/DE ANNUITY FUND · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Bricklayers Local 1 of Pa/De Annuity Fund reported $2,114,349 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,241 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 0.52% to 0.63%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 195th-largest of 3,651 plans among Pennsylvania employers on file, and the 204th of 5,337 in construction.

Plan summary
Net assets, end of year$347,841,575
Participants with balances2,375
Active participants2,408
Employer contributions$17,436,596
Employee contributions—
Employer contribution per active participant$7,241
Average account balance$146,460
Benefits paid to participants$28,294,865
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$347.8M · 2,375 accts · $17.4M emplr
2023$326.1M · 2,348 accts · $16.7M emplr
2022$305.2M · 2,410 accts · $16.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$249,395
Investment management$1,773,781
Audit (IQPA)$40,000
Total administrative$2,114,349
Employer contributions to the Bricklayers Local 1 of Pa/De Annuity Fund plan · 2024
Employer contribution per active participant$7,241
Median for plans this size$4,294
2024$7,241 per active participant
2023$7,035 per active participant
2022$6,649 per active participant

Bricklayers Local 1 of Pa/De Annuity Fund's 2024 employer contribution ran above the $4,294 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 · 20245
VANGUARD INVESTMENTS · Recordkeeping$1,773,781
BBP OF DVI · Plan administrator$249,395
ANTHONY M PONTARELLIA CPA LLC · Accounting / audit$40,000
THOMAS J MCGOLDRICK ESQ · Legal$24,000
O'DONOGHUE AND O'DONOGHUE LLP · Legal$5,883

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,114,349 · 0.63%
2023$972,216 · 0.31%
2022$1,598,080 · 0.52%
Similar plansConstruction · Pennsylvania
Pjtc Holdings, Inc. PA$320.2M · 0.04%
Allan Myers, Inc. PA$239.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232469568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.