Ibew Local Union No 237 Annuity FundProfit-sharing plan

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

Ibew Local Union No 237 Annuity Fund reported $195,554 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,660 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 0.69% to 0.93%. 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 2,364th-largest of 5,648 plans among New York employers on file, and the 1,882nd of 5,337 in construction. In 2024, the employer put in $1.83 for every $1.00 employees contributed themselves; active participation has grown from 204 to 273 since 2022.