Retirement plan

BUILDING SERVICE 32BJ SUPPLEMENTAL RETIREMENT SAVINGS PLAN

Name: BOARD OF TRUSTEES OF THE BUILDING SERVICE 32BJ SUPPLEMENTAL - BUILDING SERVICE 32BJ SUPPLEMENTAL RETIREMENT SAVINGS PLAN (2025) Form 5500
Creator: BOARD OF TRUSTEES OF THE BUILDING SERVICE 32BJ SUPPLEMENTAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUILDING SERVICE 32BJ SUPPLEMENTAL RETIREMENT SAVINGS PLAN, BOARD OF TRUSTEES OF THE BUILDING SERVICE 32BJ SUPPLEMENTAL

BOARD OF TRUSTEES OF THE BUILDING SERVICE 32BJ SUPPLEMENTALEIN 13-3507075Plan #001PY 2025

25 WEST 18TH STREET - NEW YORK, NY 10011212-539-2778

Prospect flagsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$2557.9M

+8.9% from 2024

Total participants

122,833

-0.2% from 2024

Average account balance

$25,265

+6.9% from 2024

Annual return

10.13%

+0.92 pp from 2024

Benchmarks

See 65 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort65 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.56B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$25K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

101,244

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

76.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$79

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 10 of 36 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$3,151,464
SCHULTHEIS & PANETTIERI, LLP4 years Filed as: SCHULTHEIS & PANETTIERI LLP Service code 10 · EIN 13-1577780	Accounting	$208,618
H&H GRAPHIC PRINTING COMMUNICATIONS5 years Service code 36 · EIN 27-0771521	Direct payment from the plan; Copying...	$167,119
JPMORGAN INVEST HOLDINGS LLC3 years Filed as: JPMORGAN CHASE Service code 18 · EIN 13-2633612	Direct payment from the plan; Custodi...	$118,719
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 26 4208 SIX FORKS ROAD · RALEIGH, NC 27609	Advisory (Participants)	$96,000
VITECH SYSTEMS GROUP6 years Filed as: VITECH SYSTEMS GROUP INC Service code 16 · EIN 13-3785492	Consulting	$89,305
POSTMASTER GENERAL2 years Filed as: POSTMASTER Service code 49 421 8TH AVENUE · NEW YORK, NY 101999998	Other Services	$76,821
RAAB, STURM & GANCHROW, LLP10+ years Service code 18 · EIN 13-1566077	Direct payment from the plan; Custodi...	$68,319
PROSKAUER ROSE LLP10+ years Service code 29 · EIN 13-1840454	Legal	$59,184
BREDHOFF & KAISER4 years Filed as: BREDHOFF & KAISER PLLC Service code 15 · EIN 52-0969534	Recordkeeping	$52,948

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$8.0M

$89 / participant

Recordkeeping$209K2.6%
Trustee / custodial$114K1.4%
Investment mgmt$96K1.2%
Legal$197K2.5%
Salaries / allowances$3M34.4%
Other trustee fees$8300.0%
Contract admin$3M39.3%
Other / not subdivided$1M18.6%

% of EOY assets

0.313%

all-in expense ratio

Categories reported

7 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUMSMITH+BROWN,P.C.
Auditor EIN: 222027092
Audit fees: $43,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,265

$165,320-84.7%

$96,754-73.9%

$165,320-84.7%

Participation rate

76.0%

81.8%-5.8pp

70.3%+5.7pp

81.8%-5.8pp

Annual return

10.13%

12.93%-2.8pp

82.04%-71.9pp

12.93%-2.8pp

Employer contribution / active EE

$864

$4,428-80.5%

$2,679-67.7%

$4,428-80.5%

Participant deferral / active EE

$1,102

$7,228-84.8%

$4,758-76.8%

$7,228-84.8%

Admin fee / account holder

$79

$137-42.4%

$8,905-99.1%

$137-42.4%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$3,151,464

SCHULTHEIS & PANETTIERI, LLP4 years

Filed as: SCHULTHEIS & PANETTIERI LLP

Service code 10 · EIN 13-1577780

Accounting

$208,618

H&H GRAPHIC PRINTING COMMUNICATIONS5 years

Service code 36 · EIN 27-0771521

Direct payment from the plan; Copying...

$167,119

JPMORGAN INVEST HOLDINGS LLC3 years

Filed as: JPMORGAN CHASE

Service code 18 · EIN 13-2633612

Direct payment from the plan; Custodi...

$118,719

CAPFINANCIAL PARTNERS LLC3 years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 26

4208 SIX FORKS ROAD · RALEIGH, NC 27609

Advisory (Participants)

$96,000

VITECH SYSTEMS GROUP6 years

Filed as: VITECH SYSTEMS GROUP INC

Service code 16 · EIN 13-3785492

Consulting

$89,305

POSTMASTER GENERAL2 years

Filed as: POSTMASTER

Service code 49

421 8TH AVENUE · NEW YORK, NY 101999998

Other Services

$76,821

RAAB, STURM & GANCHROW, LLP10+ years

Service code 18 · EIN 13-1566077

Direct payment from the plan; Custodi...

$68,319

PROSKAUER ROSE LLP10+ years

Service code 29 · EIN 13-1840454

Legal

$59,184

BREDHOFF & KAISER4 years

Filed as: BREDHOFF & KAISER PLLC

Service code 15 · EIN 52-0969534

Recordkeeping

$52,948

BUILDING SERVICE 32BJ SUPPLEMENTAL RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUILDING SERVICE 32BJ SUPPLEMENTAL RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion