Plan Ledger DOL Form 5500 · updated monthly

Roofers Local Union #210 Board of TrusteesMoney purchase plan

ROOFERS LOCAL UNION #210 MONEY PURCHASE PENSION PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Roofers Local Union #210 Board of Trustees reported $9,819 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,981 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 0.60% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,231st of 3,651), and the 1,607th of 3,341 in other services. active participation has grown from 190 to 235 since 2022.

Plan summary
Net assets, end of year$10,600,930
Participants with balances299
Active participants235
Employer contributions$700,448
Employee contributions—
Employer contribution per active participant$2,981
Average account balance$35,455
Benefits paid to participants$734,844
Plan auditUnmodified (clean) audit opinion
AuditorHEBERLEIN AND FALK, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 299 accts · $700K emplr
2023$10.1M · 258 accts · $659K emplr
2022$9.6M · 258 accts · $645K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,819
Total administrative$9,819
Employer contributions to the Roofers Local Union #210 Board of Trustees plan · 2024
Employer contribution per active participant$2,981
Median for plans this size$2,416
2024$2,981 per active participant
2023$3,468 per active participant
2022$3,396 per active participant

Roofers Local Union #210 Board of Trustees'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 · 20242
ALERUS FINANCIAL, N. A. · Recordkeeping · Custodial (securities)$9,819
FNB WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$33,490

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,819 · 0.10%
2023$61,942 · 0.63%
2022$57,707 · 0.60%
Similar plansOther Services · Pennsylvania
Jean Madeline, Inc. PA$11.4M · 0.43%
Hope International PA$11.3M · 0.04%
Renewal Inc. PA$11.1M · 0.52%
Assetgenie, Inc. PA$11.0M · 0.50%
Endurance Group, LLC PA$10.1M · 0.07%
Pennsylvania Farm Bureau PA$8.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 166108444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.