New York › Finance and insurance › 250 to 499 participants
Form 5500 statement · plan year 1 Aug 2024 to 31 Jul 2025
Rochester Area Construction and Materials Teamsters Annuity Fund
Sponsored by Rochester Area Construction and Materials Teamsters Annuity Fund, Rochester, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Rochester Area Construction and Materials Teamsters Annuity Fund is a profit-sharing plan sponsored by Rochester Area Construction and Materials Teamsters Annuity Fund of Rochester, New York. For the plan year ending 31 Jul 2025 it reported 263 participants, 260 of them active, and net assets of $9.5M. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $36,004 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $92,294 median for defined contribution plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $415K during the year, or $1,594 per active participant against a same-size median of $2,017; participants contributed —. Benefits paid out totalled $595K.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $122K: $464 per participant, well above the same-size median of $141. Administrative expenses charged to the plan were $127K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $3.1M in 2009 to $9.5M in 2024 (up 203%), and participants from 202 to 263 (up 30%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $36,004 | $48,746 | $92,294 | $53,102 |
| Employer contributions per active participant | $1,594 | $2,017 | $3,564 | $2,175 |
| Schedule C compensation per participant | $464 | $141 | $137 | $123 |
| Schedule C compensation, share of net assets | 1.3% | 0.30% | 0.17% | 0.26% |
| Administrative expenses per participant | $483 | $133 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), finance and insurance (4,391) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 263 | $9.5M | $36,004 | $415K | — | $122K |
| 2023 | 268 | $8.7M | $32,410 | $429K | — | $131K |
| 2022 | 267 | $7.5M | $27,996 | $389K | — | $123K |
| 2021 | 265 | $7.0M | $26,528 | $401K | — | $119K |
| 2020 | 267 | $8.1M | $30,210 | $363K | — | $98K |
| 2019 | 266 | $6.4M | $24,173 | $367K | — | $84K |
| 2018 | 257 | $6.3M | $24,381 | $264K | — | $71K |
| 2017 | 253 | $5.8M | $23,103 | $291K | — | $68K |
| 2016 | 247 | $5.7M | $22,903 | $275K | — | $87K |
| 2015 | 244 | $5.0M | $20,586 | $298K | — | $68K |
| 2014 | 243 | $5.1M | $20,877 | $265K | — | $68K |
| 2013 | 239 | $4.9M | $20,506 | $294K | — | $64K |
| 2012 | 243 | $4.5M | $18,510 | $301K | — | $70K |
| 2011 | 240 | $3.9M | $16,088 | $255K | — | $70K |
| 2010 | 236 | $3.8M | $15,996 | $285K | — | $83K |
| 2009 | 202 | $3.1M | $15,470 | $240K | — | $68K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$8,685,596
- Employer contributions$414,541
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$414,541
- Total income, including investment results$1,505,303
- Benefits paid$594,943
- Administrative expenses$126,995
- Total expenses$721,938
- Net income$783,365
- Net transfers$0
- Net assets, end of year$9,468,961
Participants
- Active participants260
- Retired or separated, receiving benefits3
- Retired or separated, entitled to future benefits—
- Participants with account balances0
- Total participants, end of year263
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Karpus Investments | Legal | $68,523 | $0 |
| Stokes, Visca, Hucko & Barone, CPAS | Accounting (including auditing) | $18,335 | $0 |
| Rochester Area CMT & H&W Fund | Contract Administrator | $17,651 | $0 |
| One Digital Topco LLC | Consulting (general) | $17,506 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$58,950
- Contract administrator fees$19,663
- IQPA audit fees$18,600
- Other administrative expenses$17,239
- Legal fees$11,862
- Trustee and custodial fees$681
- Total administrative expenses$126,995
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$7.0M · 73.7%
- Corporate stocks$2.0M · 20.5%
- Cash (interest and non-interest bearing)$496K · 5.2%
- Receivables$42K · 0.4%
- Buildings and other property used in plan operation$10K · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmStokes, Visca, Hucko & Barone, CPAS
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 525100: Insurance & Employee Benefit Funds.
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Marshall Wace North America LP 401(k) Profit Sharing & Trust | Marshall Wace North America, LP | 267 | $56.0M | $209,652 |
| Wisdomtree, Inc. 401(k) Retirement Plan | Wisdomtree, Inc. | 263 | $45.1M | $171,602 |
| Capstone Investment Advisors LLC 401(k) Plan | Capstone Investment Advisors LLC | 267 | $28.9M | $108,119 |
| Five Rings LLC 401(k) Profit Sharing Plan & Trust | Five Rings LLC | 261 | $34.0M | $130,409 |
| Rosenthal & Rosenthal, Inc. 401(k) Plan | Rosenthal & Rosenthal Inc. | 267 | $57.1M | $213,819 |
| Eqt Partners, Inc. 401(k) Plan | Eqt Partners, Inc. | 259 | $23.1M | $89,327 |
Defined contribution plans in finance and insurance closest in size.
Questions and answers
How big is Rochester Area Construction and Materials Teamsters Annuity Fund?
263 participants at the end of the plan year ending 31 Jul 2025, of whom 260 were active employees, with net assets of $9,468,961. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Rochester Area Construction and Materials Teamsters Annuity Fund contribute per participant?
The filing reports $414,541 in employer contributions for the year, which is $1,594 per active participant; the median for plans of the same type and size was $2,017 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $122,015 in compensation to service provider organisations, $464 per participant or 1.3% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $126,995. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Rochester Area Construction and Materials Teamsters Annuity Fund. Recordkeeping or administration: Rochester Area CMT & H&W Fund. The financial statements were audited by Stokes, Visca, Hucko & Barone, CPAS. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Aug 2024 to 31 Jul 2025, received by the Department of Labor on 29 Dec 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 16-1455833, plan 001, received 29 Dec 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.