Plan Ledger DOL Form 5500 · updated monthly

Dave Vanauken, Plan Administrator Local No. 112 Annuity FundMoney purchase plan

PLUMBERS, PIPEFITTERS, AND APPRENTICES LOCAL NO. 112 ANNUITY FUND · BINGHAMTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Dave Vanauken, Plan Administrator Local No. 112 Annuity Fund reported $166,234 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $6,165 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 0.50% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,616th-largest of 5,648 plans among New York employers on file, and the 1,253rd of 5,337 in construction.

Plan summary
Net assets, end of year$39,416,277
Participants with balances0
Active participants482
Employer contributions$2,971,591
Employee contributions—
Employer contribution per active participant$6,165
Average account balance—
Benefits paid to participants$2,465,460
Plan auditUnmodified (clean) audit opinion
AuditorD'ARCANGELO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · $3.0M emplr
2023$34.8M · $2.9M emplr
2022$28.4M · $2.6M emplr
Administrative expenses, itemized · 2024
Investment management$126,975
Audit (IQPA)$9,200
Total administrative$166,234
Employer contributions to the Dave Vanauken, Plan Administrator Local No. 112 Annuity Fund plan · 2024
Employer contribution per active participant$6,165
Median for plans this size$2,416
2024$6,165 per active participant
2023$6,000 per active participant
2022$5,221 per active participant

Dave Vanauken, Plan Administrator Local No. 112 Annuity Fund's 2024 employer contribution ran above the $2,416 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
MERRILL LYNCH · Custodial (securities) · Investment management$13,619
D'ARCANGELO & CO., LLP · Accounting / audit$9,200
BLITMAN & KING LLP · Legal$6,527

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

Administrative cost history3
2024$166,234 · 0.45%
2023$166,024 · 0.53%
2022$155,060 · 0.50%
Similar plansConstruction · New York
Barr & Barr, Inc. NY$38.9M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161189531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.