Plan Ledger DOL Form 5500 · updated monthly

Trustees of Local 219 Annuity FundMoney purchase plan

PLUMBING AND PIPE FITTING INDUSTRY LOCAL 219 ANNUITY PLAN · CANFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Trustees of Local 219 Annuity Fund reported $155,943 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $4,932 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 0.42% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 766th-largest of 3,295 plans among Ohio employers on file, and the 1,239th of 5,337 in construction. In 2024, the employer put in $12.68 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$39,953,838
Participants with balances472
Active participants456
Employer contributions$2,249,108
Employee contributions$177,390
Employer contribution per active participant$4,932
Average account balance$84,648
Benefits paid to participants$3,037,896
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$40.0M · 472 accts · $2.2M emplr
2023$37.8M · 509 accts · $2.3M emplr
2022$32.2M · 481 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,326
Investment management$37,325
Audit (IQPA)$15,535
Total administrative$155,943
Employer contributions to the Trustees of Local 219 Annuity Fund plan · 2024
Employer contribution per active participant$4,932
Median for plans this size$2,416
2024$4,932 per active participant
2023$4,610 per active participant
2022$4,385 per active participant

Trustees of Local 219 Annuity Fund's 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK · Recordkeeping$65,310
STRATEGIC CAPITAL INVESTMENT$21,561
BENESYS · Contract administrator$18,780
CIUNI & PANICHI, INC. · Accounting / audit$15,535
JOHNSON & KROL LLC · Legal$15,367

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$155,943 · 0.40%
2023$140,148 · 0.40%
2022$135,014 · 0.42%
Similar plansConstruction · Ohio
The K Company, Inc. OH$41.8M · 0.03%
Claypool Electric, Inc OH$41.6M · 0.11%
Schumacher Homes, Inc. OH$41.6M · 0.33%
Champion Opco, LLC OH$41.3M · 0.50%
Gardiner Service Company OH$39.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510154940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.