Plan Ledger DOL Form 5500 · updated monthly

Joint Board of Trustees Roofers Union Local 30Profit-sharing plan

ROOFERS UNION LOCAL 30 COMBINED ANNUITY FUND · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Joint Board of Trustees Roofers Union Local 30 reported $313,261 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,320 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 0.32% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 262nd-largest of 2,619 plans among Michigan employers on file, and the 567th of 5,337 in construction.

Plan summary
Net assets, end of year$111,808,710
Participants with balances1,985
Active participants1,985
Employer contributions$8,575,649
Employee contributions—
Employer contribution per active participant$4,320
Average account balance$56,327
Benefits paid to participants$8,228,667
Plan auditUnmodified (clean) audit opinion
AuditorMSPC CERTIFIED PUBLIC ACCOUNTANTS &
Plan history3
Yearassets · accounts · employer contribution
2024$111.8M · 1,985 accts · $8.6M emplr
2023$106.2M · 2,045 accts · $8.1M emplr
2022$95.2M · 2,061 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,440
Investment management$118,852
Audit (IQPA)$21,616
Trustee / custodial$17,096
Total administrative$313,261
Employer contributions to the Joint Board of Trustees Roofers Union Local 30 plan · 2024
Employer contribution per active participant$4,320
Median for plans this size$3,635
2024$4,320 per active participant
2023$3,960 per active participant
2022$3,530 per active participant

Joint Board of Trustees Roofers Union Local 30's 2024 employer contribution ran above the $3,635 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 · 20248
BENESYS · Plan administrator · Recordkeeping$79,440
PFM ADVISORS · Investment advisory (plan)$70,000
CHARTWELL INVESTMENT · Custodial (securities) · Investment management$36,000
MSPC · Accounting / audit$21,616
PNC INSTITUTIONAL INVESTMENTS · Custodial (securities)$15,995
OLD GLORY · Investment management$13,953
SUSANIN WIDMAN & BRENNAN, PC · Legal$11,260
CLEARY, JOSEM & TRIGIANI LLP · Legal$5,500

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

Recordkeeper by year2
2024BENESYS
2023BENESYS

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

Administrative cost history3
2024$313,261 · 0.29%
2023$298,627 · 0.30%
2022$319,166 · 0.32%
Similar plansConstruction · Michigan
The Oscar W. Larson Company MI$113.8M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232567112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.