Ohio Bricklayers Local No. 8 Security Plan Board of TrusteesMoney purchase plan
OHIO BRICKLAYERS LOCAL NO. 8 SECURITY PLAN · CANFIELD, OH · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Ohio Bricklayers Local No. 8 Security Plan Board of Trustees reported $43,182 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,544 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 0.49% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (1,976th of 3,295), and 3,969th of 4,798 in finance & insurance. active participation has grown from 355 to 543 since 2022.
Ohio Bricklayers Local No. 8 Security Plan Board of Trustees's 2024 employer contribution ran above the $1,313 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 522101436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.