Plan Ledger DOL Form 5500 · updated monthly

Local 210's Annuity Fund C/O SavastaMoney purchase plan

LOCAL 210'S ANNUITY FUND · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Local 210's Annuity Fund C/O Savasta reported $160,717 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,065 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 1.61% to 1.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,170th of 5,648), and 3,668th of 4,798 in finance & insurance. active participation has shrunk from 1,835 to 1,371 since 2022.

Plan summary
Net assets, end of year$13,243,317
Participants with balances4,245
Active participants1,371
Employer contributions$1,459,565
Employee contributions—
Employer contribution per active participant$1,065
Average account balance$3,120
Benefits paid to participants$780,728
Plan auditUnmodified (clean) audit opinion
AuditorSAMUEL GOLDSTEIN & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 4,245 accts · $1.5M emplr
2023$11.6M · 4,256 accts · $1.4M emplr
2022$10.1M · 3,941 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,750
Investment management$10,909
Audit (IQPA)$17,596
Total administrative$160,717
Employer contributions to the Local 210's Annuity Fund C/O Savasta plan · 2024
Employer contribution per active participant$1,065
Median for plans this size$2,416
2024$1,065 per active participant
2023$782 per active participant
2022$775 per active participant

Local 210's Annuity Fund C/O Savasta's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
SAVASTA AND COMPANY INC · Contract administrator$79,750
WEAVER AND TIDWELL, L.L.P. · Accounting / audit$38,363
SAMUEL GOLDSTEIN & CO PC · Accounting / audit$17,596

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$160,717 · 1.29%
2023$177,571 · 1.64%
2022$170,331 · 1.61%
Similar plansFinance & Insurance · New York
Global X Management, LLC NY$13.7M · 0.11%
Smartcontract Inc. NY$13.7M · 0.11%
Pagaya Technologies US LLC NY$13.0M · 0.12%
Alma Bank NY$12.9M · 0.51%
Agricultural Bank of China NY$12.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133532443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.