Retirement plan

NEW YORK DISTRICT COUNCIL OF CARPENTERS ANNUITY FD

Name: BOARD OF TRUSTEES OF THE NYDCC ANNUITY FD - NEW YORK DISTRICT COUNCIL OF CARPENTERS ANNUITY FD (2025) Form 5500
Creator: BOARD OF TRUSTEES OF THE NYDCC ANNUITY FD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK DISTRICT COUNCIL OF CARPENTERS ANNUITY FD, BOARD OF TRUSTEES OF THE NYDCC ANNUITY FD

BOARD OF TRUSTEES OF THE NYDCC ANNUITY FDEIN 51-0174279Plan #001PY 2025

395 HUDSON STREET - NEW YORK, NY 10014212-366-7300LinkedIn10001+ employeesconstruction

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$3690.8M

+5.2% from 2024

Total participants

38,355

+0.0% from 2024

Average account balance

$96,228

+5.2% from 2024

Annual return

7.59%

-2.54 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

$3.69B

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

38,355

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+7.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$98

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 4 by compensation

Provider	Service type	Compensation
SCHULTHEIS & PANETTIERI, LLP10+ years Filed as: SCHULTHEIS & PANETTIERI LLP Service code 10 · EIN 13-1577780	Accounting	$87,288
GALLAGHER FIDUCIARY ADVISORS, LLC10+ years Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 27 · EIN 36-4291971	Advisory (Plan)	$71,026
KAUFF MCGUIRE & MARGOLIS LLP10+ years Service code 29 · EIN 13-3573855	Legal	$34,813
THE SEGAL COMPANY9 years Filed as: THE SEGAL COMPANY (EASTERN STATES) Service code 11 · EIN 13-1835864	Actuarial	$8,195

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3.8M

$242 / participant

Recordkeeping$550K14.6%
Investment mgmt$73K1.9%
Legal$283K7.5%
Actuarial$8K0.2%
Salaries / allowances$2M44.7%
Other trustee fees$8K0.2%
Other / not subdivided$1M30.7%

% of EOY assets

0.102%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCHULTHEIS & PANETTIERI, LLP
Auditor EIN: 131577780
Audit fees: $87,288
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,228

$165,320-41.8%

$119,126-19.2%

$165,320-41.8%

Participation rate

100.0%

81.8%+18.2pp

75.8%+24.2pp

81.8%+18.2pp

Annual return

7.59%

12.93%-5.3pp

282.11%-274.5pp

12.93%-5.3pp

Employer contribution / active EE

$10,714

$4,428+142.0%

$4,034+165.6%

$4,428+142.0%

Participant deferral / active EE

$38

$7,228-99.5%

$5,318-99.3%

$7,228-99.5%

Admin fee / account holder

$98

$137-28.6%

$10,693-99.1%

$137-28.6%

Provider

Service type

Compensation

SCHULTHEIS & PANETTIERI, LLP10+ years

Filed as: SCHULTHEIS & PANETTIERI LLP

Service code 10 · EIN 13-1577780

Accounting

$87,288

GALLAGHER FIDUCIARY ADVISORS, LLC10+ years

Filed as: GALLAGHER FIDUCIARY ADVISORS LLC

Service code 27 · EIN 36-4291971

Advisory (Plan)

$71,026

KAUFF MCGUIRE & MARGOLIS LLP10+ years

Service code 29 · EIN 13-3573855

Legal

$34,813

THE SEGAL COMPANY9 years

Filed as: THE SEGAL COMPANY (EASTERN STATES)

Service code 11 · EIN 13-1835864

Actuarial

$8,195

NEW YORK DISTRICT COUNCIL OF CARPENTERS ANNUITY FD

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK DISTRICT COUNCIL OF CARPENTERS ANNUITY FD

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