Plan Ledger DOL Form 5500 · updated monthly

United Assn of Journeymen & Apprnc Local 198 Afl-Cio Annuity Trust FunProfit-sharing plan

UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICE ANNUITY TRUST FUND · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

United Assn of Journeymen & Apprnc Local 198 Afl-Cio Annuity Trust Fun reported $259,104 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,384 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 1.00%. 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 879th-largest of 3,644 plans among Florida employers on file, and the 1,627th of 5,337 in construction. In 2024, the employer put in $50.17 for every $1.00 employees contributed themselves; active participation has grown from 2,301 to 2,595 since 2022.

Plan summary
Net assets, end of year$27,524,962
Participants with balances1,738
Active participants2,595
Employer contributions$3,590,438
Employee contributions$71,562
Employer contribution per active participant$1,384
Average account balance$15,837
Benefits paid to participants$2,147,821
Plan auditUnmodified (clean) audit opinion
AuditorDUPLANTIER, HRAPMANN, HOGAN & MAYER
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 1,738 accts · $3.6M emplr
2023$24.1M · 1,701 accts · $2.2M emplr
2022$21.5M · 1,680 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,889
Investment management$133,905
Total administrative$259,104
Employer contributions to the United Assn of Journeymen & Apprnc Local 198 Afl-Cio Annuity Trust Fun plan · 2024
Employer contribution per active participant$1,384
Median for plans this size$2,416
2024$1,384 per active participant
2023$920 per active participant
2022$967 per active participant

United Assn of Journeymen & Apprnc Local 198 Afl-Cio Annuity Trust Fun'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
MILLIMAN INC · Investment management$118,905
NAT'L EMPLOYEE BENEFITS ADMINISTRA · Contract administrator$48,888
DUPLANTIER, HRAPMANN, HOGAN & MAHER · Accounting / audit$42,001
INVESTMENT CONSULTING SERVICES, LLC · Consulting · Investment advisory (plan)$15,000
ROBEIN URANN SPENCER PICARD & CANGE · Legal$9,660

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$259,104 · 1.00%
2023$247,758 · 1.09%
2022$240,899 · 1.03%
Similar plansConstruction · Florida
Ridgeway Plumbing, Inc. FL$28.1M · 0.05%
Minto Communities, LLC FL$26.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 726205444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.