Plan Ledger DOL Form 5500 · updated monthly

Roofers' Local Union No. 22 Supplemental Retirement Plan Board of TrusProfit-sharing plan

ROOFERS' LOCAL UNION NO.22 SUPPLEMENTAL RETIREMENT · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
2.91%

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

Roofers' Local Union No. 22 Supplemental Retirement Plan Board of Trus reported $133,827 in plan administrative expenses for 2024: 2.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,974 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 3 years on file its reported administrative ratio has held roughly steady near 2.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (4,539th of 5,648), and 4,074th of 5,337 in construction. active participation has shrunk from 200 to 177 since 2022.

Plan summary
Net assets, end of year$4,678,460
Participants with balances312
Active participants177
Employer contributions$526,312
Employee contributions—
Employer contribution per active participant$2,974
Average account balance$14,995
Benefits paid to participants$553,964
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 312 accts · $526K emplr
2023$4.5M · 322 accts · $567K emplr
2022$4.5M · 350 accts · $567K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,485
Investment management$31,584
Audit (IQPA)$7,800
Total administrative$133,827
Employer contributions to the Roofers' Local Union No. 22 Supplemental Retirement Plan Board of Trus plan · 2024
Employer contribution per active participant$2,974
Median for plans this size$1,313
2024$2,974 per active participant
2023$2,738 per active participant
2022$2,835 per active participant

Roofers' Local Union No. 22 Supplemental Retirement Plan Board of Trus's 2024 employer contribution ran above the $1,313 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 · 20245
BENEFIT PLANS ADMINISTRATIVE SERVIC · Recordkeeping$11,485
ROOFERS LOCAL NO. 22 WELFARE PLAN · Other services$70,236
MORGAN STANLEY · Investment advisory (plan) · Securities brokerage$31,584
ROBERT PIZZO, ESQ · Legal$8,000
BONADIO & CO., LLP · Accounting / audit$7,800

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SERVIC
2023BENEFIT PLANS ADMINISTRATIVE SERVIC, LIFETIME BENEFIT SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Roofers' Local Union No. 22 Supplemental Retirement Plan Board of Trus before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$133,827 · 2.91%
2023$145,683 · 3.24%
2022$133,581 · 2.90%
Similar plansConstruction · New York
Bblbc, LLC NY$5.0M · 0.38%
Donnelly Mechanical Corp. NY$4.7M · 0.78%
Appolo Heating, Inc. NY$4.6M · 0.23%
Allstate Sprinkler, LLC NY$3.9M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262070733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.