Plan Ledger DOL Form 5500 · updated monthly

Trustees of Ironworkers Local 808 Annuity FundProfit-sharing plan

IRONWORKERS LOCAL 808 ANNUITY FUND · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Trustees of Ironworkers Local 808 Annuity Fund reported $329,732 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,918 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 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 830th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,748th of 4,798 in finance & insurance. active participation has grown from 637 to 2,641 since 2022.

Plan summary
Net assets, end of year$47,235,257
Participants with balances2,641
Active participants2,641
Employer contributions$5,064,135
Employee contributions—
Employer contribution per active participant$1,918
Average account balance$17,885
Benefits paid to participants$2,996,754
Plan auditUnmodified (clean) audit opinion
AuditorSTEVEN D EISENBNERG CPA, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$47.2M · 2,641 accts · $5.1M emplr
2023$41.7M · 2,565 accts · $5.1M emplr
2022$36.8M · 2,421 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,120
Investment management$216,842
Audit (IQPA)$14,686
Total administrative$329,732
Employer contributions to the Trustees of Ironworkers Local 808 Annuity Fund plan · 2024
Employer contribution per active participant$1,918
Median for plans this size$2,416
2024$1,918 per active participant
2023$6,541 per active participant
2022$5,626 per active participant

Trustees of Ironworkers Local 808 Annuity Fund's 2024 employer contribution ran below 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 · 20245
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan) · Securities brokerage$216,842
ZENITH AMERICAN SOLUTIONS · Contract administrator$50,620
STEVEN D EISENBERG CPA, PA · Accounting / audit$14,686
SOUTHERN BENEFIT ADMINISTRATORS INC · Contract administrator$13,500
MIERZWA & FLOYD P.A. · Legal$9,750

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$329,732 · 0.74%
2023$270,128 · 0.69%
2022$257,820 · 0.72%
Similar plansFinance & Insurance · Pennsylvania
Berwind Corporation PA$48.6M · 0.00%
Ameriserv Financial PA$48.6M · 0.34%
Meridian Bank PA$48.0M · 0.20%
Tri State Capital Bank PA$45.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593096458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.