Teamsters Local No. 264401(k)

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

Teamsters Local No. 264 reported $179,227 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,636 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 0.466%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,607th-largest of 5,648 plans among New York employers on file, and the 3,706th of 13,661 in manufacturing. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves.