Plan Ledger DOL Form 5500 · updated monthly

Laborers Union Local No. 1174 Annuity FundProfit-sharing plan

LABORERS UNION LOCAL NO. 1174 ANNUITY FUND · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Laborers Union Local No. 1174 Annuity Fund reported $220,091 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,216 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 0.805%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,245th-largest of 3,651 plans among Pennsylvania employers on file, and the 781st of 3,341 in other services. active participation has shrunk from 837 to 719 since 2022.

Plan summary
Net assets, end of year$28,032,363
Participants with balances802
Active participants719
Employer contributions$1,593,111
Employee contributions—
Employer contribution per active participant$2,216
Average account balance$34,953
Benefits paid to participants$2,657,639
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 802 accts · $1.6M emplr
2023$26.6M · 849 accts · $1.6M emplr
2022$24.7M · 912 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,302
Investment management$130,017
Audit (IQPA)$8,750
Trustee / custodial$125
Total administrative$220,091
Employer contributions to the Laborers Union Local No. 1174 Annuity Fund plan · 2024
Employer contribution per active participant$2,216
Median for plans this size$2,416
2024$2,216 per active participant
2023$4,233 per active participant
2022$2,403 per active participant

Laborers Union Local No. 1174 Annuity Fund's 2024 employer contribution ran below the $2,416 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 · 20245
HAND BENEFITS & TRUST COMPANY · Investment management$79,922
90 DEGREE BENEFITS · Contract administrator$53,302
CAP FINANCIAL PARTNERS LLC · Investment advisory (plan)$50,095
O'DONOGHUE & O'DONOOGHUE · Legal$23,215
ALAN ROSS & COMPANY PC · Accounting / audit$8,750

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$220,091 · 0.81%
2023$215,544 · 0.84%
2022$199,079 · 0.81%
Similar plansOther Services · Pennsylvania
Oncology Nursing Society PA$32.2M · 0.26%
Parkway Corporation PA$30.6M · 0.40%
Aaa Central Penn PA$29.5M · 0.30%
US Healthconnect, Inc. PA$26.2M · 0.37%
Hcsc Enterprises, Inc. PA$25.3M · 0.26%
Conco Services Corporation PA$23.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 256709152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.