Plan Ledger DOL Form 5500 · updated monthly

Bridge, Structural & Ornamental Ironworkers Local 207 Annuity FundProfit-sharing plan

BRIDGE, STRUCTURAL & ORNAMENTAL IRONWORKERS LOCAL 207 ANNUITY FUND · BOARDMAN, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Bridge, Structural & Ornamental Ironworkers Local 207 Annuity Fund reported $147,836 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $8,253 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 0.21% to 0.22%. 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 486th-largest of 3,295 plans among Ohio employers on file, and the 823rd of 5,337 in construction.

Plan summary
Net assets, end of year$70,735,974
Participants with balances392
Active participants385
Employer contributions$3,177,533
Employee contributions—
Employer contribution per active participant$8,253
Average account balance$180,449
Benefits paid to participants$2,738,343
Plan auditUnmodified (clean) audit opinion
AuditorYURCHYK & DAVIS CPA'S, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$70.7M · 392 accts · $3.2M emplr
2023$62.6M · 396 accts · $3.2M emplr
2022$52.5M · 397 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,013
Audit (IQPA)$7,400
Trustee / custodial$24,389
Total administrative$147,836
Employer contributions to the Bridge, Structural & Ornamental Ironworkers Local 207 Annuity Fund plan · 2024
Employer contribution per active participant$8,253
Median for plans this size$3,635
2024$8,253 per active participant
2023$8,438 per active participant
2022$7,501 per active participant

Bridge, Structural & Ornamental Ironworkers Local 207 Annuity Fund's 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Investment management · Recordkeeping$22,419
IRONWORKERS LOCAL 207 PENSION FUND$88,097
YURCHYK & DAVIS CPA'S, INC. · Accounting / audit$14,413

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$147,836 · 0.22%
2023$131,215 · 0.23%
2022$120,580 · 0.21%
Similar plansConstruction · Ohio
Digeronimo OH$75.9M · 0.29%
Bi-Con Services, Inc. OH$69.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341372820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.