Plan Ledger DOL Form 5500 · updated monthly

Teamsters Local Union No. 25Profit-sharing plan

TEAMSTERS LOCAL 25 INVESTMENT PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Teamsters Local Union No. 25 reported $169,146 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $4,935 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 0.37% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 483rd-largest of 2,726 plans among Massachusetts employers on file, and the 275th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$82,749,685
Participants with balances1,323
Active participants1,258
Employer contributions$6,207,970
Employee contributions—
Employer contribution per active participant$4,935
Average account balance$62,547
Benefits paid to participants$6,587,212
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.7M · 1,323 accts · $6.2M emplr
2023$73.3M · 1,252 accts · $5.5M emplr
2022$57.4M · 1,246 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,975
Investment management$32,950
Total administrative$169,146
Employer contributions to the Teamsters Local Union No. 25 plan · 2024
Employer contribution per active participant$4,935
Median for plans this size$3,635
2024$4,935 per active participant
2023$4,473 per active participant
2022$4,145 per active participant

Teamsters Local Union No. 25's 2024 employer contribution ran above the $3,635 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
TEAMSTERS LOCAL 25 HEALTH SERV INS · Other services$30,576
THE ANGELL PENSION GROUP, INC. · Contract administrator$28,755
GLOBAL RETIREMENT PARTNERS, LLC$22,500
MANZI & ASSOCITATES, LLC · Accounting / audit$16,975
GLOBAL RETIREMENT PARTNERS, LLC$7,500

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$169,146 · 0.22%
2023$131,642 · 0.20%
2022$199,832 · 0.37%
Similar plansTransportation & Warehousing · Massachusetts
Keolis MA$280.9M · 0.18%
Agero, Inc. MA$190.9M · 0.12%
Grand Circle LLC MA$74.1M · 0.10%
Access Cig MA$66.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263147388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.