Plan Ledger DOL Form 5500 · updated monthly

Refrigeration, A/C & Service Div. (Ua-Nj) Annuity FundDC plan

REFRIGERATION, A/C & SERVICE DIV. (UA-NJ) ANNUITY PLAN · WEST TRENTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Refrigeration, A/C & Service Div. (Ua-Nj) Annuity Fund reported $440,255 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $7,859 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 rose from 0.10% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 138th-largest of 2,419 plans among New Jersey employers on file, and the 169th of 5,337 in construction.

Plan summary
Net assets, end of year$417,677,190
Participants with balances2,516
Active participants2,308
Employer contributions$18,137,984
Employee contributions—
Employer contribution per active participant$7,859
Average account balance$166,008
Benefits paid to participants$19,478,570
Plan auditUnmodified (clean) audit opinion
AuditorGERSON & ASSOC CPAS AND ADVISORS PC
Plan history3
Yearassets · accounts · employer contribution
2024$417.7M · 2,516 accts · $18.1M emplr
2023$381.4M · 2,432 accts · $16.9M emplr
2022$332.0M · 2,357 accts · $15.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$294,367
Investment management$24,342
Audit (IQPA)$36,249
Total administrative$440,255
Employer contributions to the Refrigeration, A/C & Service Div. (Ua-Nj) Annuity Fund plan · 2024
Employer contribution per active participant$7,859
Median for plans this size$4,294
2024$7,859 per active participant
2023$7,319 per active participant
2022$7,437 per active participant

Refrigeration, A/C & Service Div. (Ua-Nj) Annuity Fund's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20246
I.E. SHAFFER & CO. · Contract administrator$242,125
OBRIEN, BELLAND, & BUSHINSKY · Legal$38,258
GERSON & ASSOCIATES · Accounting / audit$36,249
REYNOLDS CONSULTING SERVICES · Investment advisory (plan)$24,342
LINDABURY, MCCORMICK, ESTABROOK · Legal$16,696

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$440,255 · 0.11%
2023$374,732 · 0.11%
2022$338,211 · 0.10%
Similar plansConstruction · New Jersey
Skanska USA Building Inc. NJ$733.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222585171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.