Plan Ledger DOL Form 5500 · updated monthly

Roofers Local 195 Annuity FundProfit-sharing plan

ROOFERS LOCAL 195 ANNUITY FUND · LIVERPOOL, NY · plan year 2024

Reported admin expense ratio · 2024
1.44%

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

Roofers Local 195 Annuity Fund reported $153,058 in plan administrative expenses for 2024: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,076 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 1.90% to 1.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (3,490th of 5,648), and 2,963rd of 5,337 in construction.

Plan summary
Net assets, end of year$10,912,585
Participants with balances428
Active participants191
Employer contributions$778,538
Employee contributions—
Employer contribution per active participant$4,076
Average account balance$25,497
Benefits paid to participants$803,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 428 accts · $779K emplr
2023$10.4M · 428 accts · $830K emplr
2022$9.6M · 444 accts · $834K emplr
Administrative expenses, itemized · 2024
Investment management$57,150
Audit (IQPA)$17,265
Total administrative$153,058
Employer contributions to the Roofers Local 195 Annuity Fund plan · 2024
Employer contribution per active participant$4,076
Median for plans this size$2,416
2024$4,076 per active participant
2023$4,048 per active participant
2022$4,031 per active participant

Roofers Local 195 Annuity Fund's 2024 employer contribution ran above the $2,416 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
INVESTMENT PERFORMANCE SERVICES · Investment management$30,676
BLITMAN & KING · Legal$21,683
BOYD WATTERSON ASSET MANAGEMENT · Investment management · Custodial (securities)$19,523
BONADIO & CO., LLP · Accounting / audit$17,265
M&T BANK · Investment management · Custodial (securities)$6,952

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$153,058 · 1.44%
2023$142,747 · 1.43%
2022$174,053 · 1.90%
Similar plansConstruction · New York
Volmar Construction, Inc NY$11.2M · 0.18%
Cci Companies, Inc. NY$10.9M · 0.39%
Bwd Mile Development LLC NY$10.8M · 0.09%
Jpw Riggers, Inc. NY$10.5M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141721374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.