Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees of Roofers Union Local No. 70 Pension PlanMoney purchase plan

ROOFERS UNION LOCAL NO. 70 PENSION PLAN · HOWELL, MI · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan reported $324,280 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,127 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 3 years on file its reported administrative ratio has held roughly steady near 0.73%. 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 529th-largest of 2,619 plans among Michigan employers on file, and the 1,075th of 5,337 in construction.

Plan summary
Net assets, end of year$48,051,041
Participants with balances500
Active participants412
Employer contributions$4,172,118
Employee contributions—
Employer contribution per active participant$10,127
Average account balance$96,102
Benefits paid to participants$2,132,107
Plan auditUnmodified (clean) audit opinion
AuditorBULTYNCK & CO., P.L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 500 accts · $4.2M emplr
2023$41.3M · 502 accts · $4.1M emplr
2022$37.0M · 466 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,844
Investment management$158,007
Audit (IQPA)$14,516
Trustee / custodial$2,554
Total administrative$324,280
Employer contributions to the Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan plan · 2024
Employer contribution per active participant$10,127
Median for plans this size$2,416
2024$10,127 per active participant
2023$9,982 per active participant
2022$9,724 per active participant

Joint Board of Trustees of Roofers Union Local No. 70 Pension Plan'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 · 20245
BULTYNCK & CO., PLLC · Accounting / audit$13,975
ASHER KELLY LAW · Legal$10,778
SEGAL SELECT INSURANCE SERVICES · Insurance services$7,855
JAMES D NAIDA PC · Legal$6,762
BENDA, GRACE, STULZ & COMPANY PC · Accounting / audit$5,840

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$324,280 · 0.73%
2023$289,978 · 0.74%
2022$281,454 · 0.70%
Similar plansConstruction · Michigan
John E. Green Company MI$47.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382754697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.