Plan Ledger DOL Form 5500 · updated monthly

Rochester Area Construction and Materials Teamsters Annuity FundProfit-sharing plan

ROCHESTER AREA CONSTRUCTION AND MATERIALS TEAMSTERS ANNUITY FUND · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Rochester Area Construction and Materials Teamsters Annuity Fund reported $126,995 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,594 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 1.70% to 1.40%. 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 New York (3,685th of 5,648), and 4,036th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$9,468,961
Participants with balances0
Active participants260
Employer contributions$414,541
Employee contributions—
Employer contribution per active participant$1,594
Average account balance—
Benefits paid to participants$594,943
Plan auditUnmodified (clean) audit opinion
AuditorSTOKES, VISCA, HUCKO & BARONE, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · $415K emplr
2023$8.7M · $429K emplr
2022$7.5M · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,663
Investment management$58,950
Audit (IQPA)$18,600
Trustee / custodial$681
Total administrative$126,995
Employer contributions to the Rochester Area Construction and Materials Teamsters Annuity Fund plan · 2024
Employer contribution per active participant$1,594
Median for plans this size$1,313
2024$1,594 per active participant
2023$1,631 per active participant
2022$1,472 per active participant

Rochester Area Construction and Materials Teamsters Annuity Fund'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.

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 · 20245
KARPUS INVESTMENTS$59,094
STOKES, VISCA, HUCKO & BARONE, CPAS · Accounting / audit$18,335
ROCHESTER AREA CMT & H&W FUND · Contract administrator$17,651
ONE DIGITAL TOPCO LLC · Consulting$17,506
BLITMAN & KING · Legal$9,429

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$126,995 · 1.40%
2023$131,341 · 1.63%
2022$123,437 · 1.70%
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Source: U.S. Department of Labor, Form 5500 series, EIN 161455833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.