Local 33 Safety Professionals of America Annuity FundMoney purchase plan
LOCAL 33 SAFETY PROFESSIONALS OF AMERICA ANNUITY FUND · HOWARD BEACH, NY · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Local 33 Safety Professionals of America Annuity Fund reported $28 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $413 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.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (5,621st of 5,648), and 4,787th of 4,798 in finance & insurance. active participation has shrunk from 4 to 2 since 2022.
Local 33 Safety Professionals of America Annuity Fund's 2024 employer contribution ran below the $540 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 821065312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.