Plan Ledger DOL Form 5500 · updated monthly

Communication Workers of America, Afl-Cio Local 1170Profit-sharing plan

COMMUNICATION WORKERS OF AMERICA, AFL-CIO LOCAL 1170 RETIREMENT PLAN · ROCHESTER, NY · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Communication Workers of America, Afl-Cio Local 1170 reported $138,782 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $6,633 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 1 year on file its reported administrative ratio rose from 0.29% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 1,486th-largest of 5,648 plans among New York employers on file, and the 481st of 3,341 in other services.

Plan summary
Net assets, end of year$44,496,983
Participants with balances354
Active participants224
Employer contributions$1,485,786
Employee contributions—
Employer contribution per active participant$6,633
Average account balance$125,698
Benefits paid to participants$2,954,896
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $469K emplr
2023$44.5M · 354 accts · $1.5M emplr
2022$41.5M · 348 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$76,579
Investment management$62,203
Total administrative$138,782
Employer contributions to the Communication Workers of America, Afl-Cio Local 1170 plan · 2023
Employer contribution per active participant$6,633
Median for plans this size$2,440
2023$6,633 per active participant
2022$7,984 per active participant

Communication Workers of America, Afl-Cio Local 1170's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BURKE GROUP$63,895
APOLLO WEALTH MANAGEMENT · Investment advisory (plan)$62,203
EFPR GROUP, CPAS, PLLC · Accounting / audit$12,684

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

Administrative cost history3
2024Not separately reported
2023$138,782 · 0.32%
2022$133,005 · 0.29%
Similar plansOther Services · New York
Jewish National Fund, Inc. NY$46.1M · 0.35%
Unitex Textile Services LLC NY$43.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161561026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.