Plan Ledger DOL Form 5500 · updated monthly

Trustees of the I.B.E.W. Local 910 Annuity FundProfit-sharing plan

I.B.E.W. LOCAL 910 ANNUITY FUND · WATERTOWN, NY · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Trustees of the I.B.E.W. Local 910 Annuity Fund reported $513,895 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,754 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 0.68%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 952nd-largest of 5,648 plans among New York employers on file, and the 200th of 2,534 in administrative & support services. active participation has grown from 347 to 409 since 2022.

Plan summary
Net assets, end of year$79,377,852
Participants with balances813
Active participants409
Employer contributions$3,580,182
Employee contributions—
Employer contribution per active participant$8,754
Average account balance$97,636
Benefits paid to participants$3,830,232
Plan auditUnmodified (clean) audit opinion
AuditorD'ARCANGELO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$79.4M · 813 accts · $3.6M emplr
2023$72.2M · 756 accts · $3.2M emplr
2022$64.3M · 738 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Investment management$410,794
Audit (IQPA)$20,000
Total administrative$513,895
Employer contributions to the Trustees of the I.B.E.W. Local 910 Annuity Fund plan · 2024
Employer contribution per active participant$8,754
Median for plans this size$3,635
2024$8,754 per active participant
2023$9,035 per active participant
2022$9,363 per active participant

Trustees of the I.B.E.W. Local 910 Annuity Fund'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 · 202410
C.S. MCKEE LP · Investment management$70,044
MANNING & NAPIER · Investment management$69,764
SEIZERT CAPITAL LLP · Investment management$63,418
NATIONAL REAL ESTATE ADVISORS LLC · Investment management$61,575
WEDGEWOOD PARTNERS INC · Investment management$60,586
HIGHTOWER ADVISORS MORGIA GROUP · Investment advisory (plan)$50,900
COMMUNITY BANK NA · Custodial (securities)$34,507
BLITMAN & KING LLP · Legal$22,286
D'ARCANGELO & CO., LLP · Accounting / audit$20,000
STACKEL & NAVARRA CPA PC · Accounting / audit$10,800

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$513,895 · 0.68%
2023$474,914 · 0.70%
2022$439,082 · 0.70%
Similar plansAdministrative & Support Services · New York
Staffco of Brooklyn, LLC NY$154.7M · 0.26%
Emplova, LLC NY$90.4M · 0.45%
Kbra Holdings, LLC NY$76.6M · 0.08%
Manhattan West LLC NY$69.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 226447520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.