Plan Ledger DOL Form 5500 · updated monthly

Roofers Union Local No. 33 Thrift Fund Thrift FdMoney purchase plan

ROOFERS UNION LOCAL NO. 33 THRIFT FUND · STOUGHTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Roofers Union Local No. 33 Thrift Fund Thrift Fd reported $449,310 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,311 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 0.39% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 352nd-largest of 2,726 plans among Massachusetts employers on file, and the 480th of 5,337 in construction. In 2024, the employer put in $2.16 for every $1.00 employees contributed themselves; active participation has shrunk from 1,155 to 1,030 since 2022.

Plan summary
Net assets, end of year$135,720,713
Participants with balances974
Active participants1,030
Employer contributions$9,590,772
Employee contributions$4,431,931
Employer contribution per active participant$9,311
Average account balance$139,344
Benefits paid to participants$14,091,328
Plan auditUnmodified (clean) audit opinion
AuditorMANZI & ASSOCIATES L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$135.7M · 974 accts · $9.6M emplr
2023$121.8M · 938 accts · $9.5M emplr
2022$97.7M · 902 accts · $8.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,631
Investment management$20,000
Audit (IQPA)$27,500
Total administrative$449,310
Employer contributions to the Roofers Union Local No. 33 Thrift Fund Thrift Fd plan · 2024
Employer contribution per active participant$9,311
Median for plans this size$3,635
2024$9,311 per active participant
2023$7,892 per active participant
2022$7,576 per active participant

Roofers Union Local No. 33 Thrift Fund Thrift Fd's 2024 employer contribution ran above the $3,635 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
ROOFERS LOCAL 33 ADMIN FD · Recordkeeping · Plan administrator$257,787
MANZI & ASSOCIATES LLC · Accounting / audit$27,500
MEKETA INVESTMENT GROUP · Consulting$20,000
KRAKOW & SOURIS · Legal$11,125
EMPOWER ADIVSORY GROUP, LLC · Investment management$7,343

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

Recordkeeper by year2
2024ROOFERS LOCAL 33 ADMIN FD
2023ROOFERS LOCAL 33 ADMIN FD

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

Administrative cost history3
2024$449,310 · 0.35%
2023$400,457 · 0.37%
2022$352,132 · 0.39%
Similar plansConstruction · Massachusetts
Dn Tanks, LLC MA$117.9M · 0.12%
The Middlesex Corporation MA$117.9M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 046358332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.