Liuna 616 Dc Retirement PlanDC plan
LABORERS' INTERNATIONAL UNION OF NORTH AMERICA LOCAL UNION NO. 616 DC RETIREMENT PLAN · MOUNT LAUREL, NJ · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Liuna 616 Dc Retirement Plan reported $304,491 in plan administrative expenses for 2024: 2.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,968 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 3.34% to 2.84%. 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 among the smaller plans on file in New Jersey (1,378th of 2,419), and 2,756th of 5,337 in construction. active participation has grown from 924 to 1,907 since 2022.
Liuna 616 Dc Retirement Plan'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 205272985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.