Plan Ledger DOL Form 5500 · updated monthly

Greater Pennsylvania Carpenters' Annuity and Savings FundDC plan

GREATER PENNSYLVANIA CARPENTERS' ANNUITY AND SAVINGS FUND · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Greater Pennsylvania Carpenters' Annuity and Savings Fund reported $1,604,623 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,826 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 0.35% to 0.28%. 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 131st-largest of 3,651 plans among Pennsylvania employers on file, and the 113th of 5,337 in construction.

Plan summary
Net assets, end of year$589,813,474
Participants with balances21,196
Active participants16,943
Employer contributions$64,827,793
Employee contributions—
Employer contribution per active participant$3,826
Average account balance$27,827
Benefits paid to participants$61,875,301
Plan auditUnmodified (clean) audit opinion
AuditorHENRY ROSSI & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$589.8M · 21,196 accts · $64.8M emplr
2023$539.5M · 21,100 accts · $63.2M emplr
2022$488.1M · 20,440 accts · $57.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$660,817
Investment management$787,422
Total administrative$1,604,623
Employer contributions to the Greater Pennsylvania Carpenters' Annuity and Savings Fund plan · 2024
Employer contribution per active participant$3,826
Median for plans this size$4,294
2024$3,826 per active participant
2023$3,793 per active participant
2022$3,190 per active participant

Greater Pennsylvania Carpenters' Annuity and Savings Fund's 2024 employer contribution ran below 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
CARPENTERS COMBINED FUNDS INC. · Contract administrator$809,800
MEYER, UNKOVIC & SCOTT · Legal$48,862
HENRY ROSSI & CO.,LLP · Accounting / audit$39,039
PFM ASSET MANAGEMENT LLC$22,330
PNC ADVISORS$5,778
SEGAL SELECT INSURANCE SERVICES · Insurance servicesindirect comp

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$1,604,623 · 0.28%
2023$1,591,878 · 0.31%
2022$1,776,912 · 0.35%
Similar plansConstruction · Pennsylvania
Toll Bros., Inc. PA$727.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 256107170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.