Plan Ledger DOL Form 5500 · updated monthly

Connecticut Pipetrades Local No. 777 Annuity FundProfit-sharing plan

CONNECTICUT PIPETRADES LOCAL NO. 777 ANNUITY PLAN · WETHERSFIELD, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Connecticut Pipetrades Local No. 777 Annuity Fund reported $492,606 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,420 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 fell from 0.25% to 0.19%. 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 89th-largest of 1,106 plans among Connecticut employers on file, and the 244th of 5,337 in construction. In 2024, the employer put in $309.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$276,308,427
Participants with balances2,476
Active participants2,791
Employer contributions$15,127,995
Employee contributions$48,841
Employer contribution per active participant$5,420
Average account balance$111,595
Benefits paid to participants$12,617,910
Plan auditUnmodified (clean) audit opinion
AuditorBEERS, HAMERMAN, COHEN & BURGER, PC
Plan history3
Yearassets · accounts · employer contribution
2024$276.3M · 2,476 accts · $15.1M emplr
2023$245.6M · 2,421 accts · $12.9M emplr
2022$212.2M · 2,557 accts · $13.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,652
Investment management$178,834
Audit (IQPA)$18,784
Total administrative$492,606
Employer contributions to the Connecticut Pipetrades Local No. 777 Annuity Fund plan · 2024
Employer contribution per active participant$5,420
Median for plans this size$4,294
2024$5,420 per active participant
2023$4,860 per active participant
2022$5,070 per active participant

Connecticut Pipetrades Local No. 777 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 · 20247
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Participant communication$144,834
CT PIPE TRADES BENEFIT FUNDS ADMIN · Contract administrator$180,652
HOLM & O'HARA · Legal$37,939
SEGAL MACRO ADVISORS · Investment advisory (plan)$34,000
BEERS, HAMERMAN, COHEN & BURGER. · Accounting / audit$16,000
ROBERT CHEVERIE & ASSOCS · Legal$12,000
SEGAL COMPANY · Pension consulting · Insurance broker$10,208

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$492,606 · 0.19%
2023$523,799 · 0.23%
2022$512,718 · 0.25%
Similar plansConstruction · Connecticut
Emcor Group, Inc. CT$1.7B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061441857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.