New York › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Roofers Local 195 Pension Fund
Sponsored by Roofers Local 195 Pension Fund, Liverpool, 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.
Roofers Local 195 Pension Fund of Liverpool, New York sponsors Roofers Local 195 Pension Fund, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 226 participants and −$8.2M in net assets. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Employer contributions were $479K for the year and benefits paid were $772K. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $27K: $119 per participant, well below the same-size median of $451. Administrative expenses charged to the plan were $192K. 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 $789K in 2009 to −$8.2M in 2024 (down 1139%), and participants from 286 to 226 (down 21%).
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 DB plans |
|---|---|---|---|---|
| Net assets per participant | — | $80,635 | $100,593 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $13,292 | $10,244 |
| Schedule C compensation per participant | $119 | $451 | $443 | $344 |
| Schedule C compensation, share of net assets | — | 0.52% | 0.46% | 0.42% |
| Administrative expenses per participant | $850 | $582 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), construction (655) and all US plans (5,308). 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 | 226 | −$8.2M | −$36,288 | $479K | — | $27K |
| 2023 | 233 | −$7.3M | −$31,215 | $503K | — | $37K |
| 2022 | 241 | −$6.4M | −$26,506 | $554K | — | $31K |
| 2021 | 243 | −$5.6M | −$23,103 | $490K | — | $24K |
| 2020 | 249 | −$5.0M | −$19,936 | $469K | — | $23K |
| 2019 | 250 | −$4.4M | −$17,516 | $517K | — | $28K |
| 2018 | 260 | −$3.8M | −$14,669 | $539K | — | $13K |
| 2017 | 262 | −$3.2M | −$12,382 | $542K | — | $36K |
| 2016 | 263 | −$2.7M | −$10,171 | $522K | — | $22K |
| 2015 | 266 | −$2.2M | −$8,154 | $580K | — | $44K |
| 2014 | 270 | −$1.7M | −$6,437 | $564K | — | $72K |
| 2013 | 274 | −$1.3M | −$4,631 | $532K | — | $109K |
| 2012 | 275 | −$925K | −$3,364 | $484K | — | $120K |
| 2011 | 279 | −$430K | −$1,541 | $506K | — | $141K |
| 2010 | 281 | $99K | $352 | $450K | — | $270K |
| 2009 | 286 | $789K | $2,759 | $437K | — | $211K |
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−$7,273,458
- Employer contributions$478,693
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$478,693
- Total income, including investment results$478,532
- Benefits paid$771,888
- Administrative expenses$192,096
- Total expenses$1,406,124
- Net income−$927,592
- Net transfers$0
- Net assets, end of year−$8,201,050
Participants
- Active participants—
- Retired or separated, receiving benefits117
- Retired or separated, entitled to future benefits74
- Total participants, end of year226
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Bonadio & Co., LLP | Accounting (including auditing) | $17,765 | $0 |
| O'Sullivan Associates | Actuarial | $9,098 | $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
- Other administrative expenses$160,293
- IQPA audit fees$17,765
- Actuarial fees$9,098
- Legal fees$4,940
- Total administrative expenses$192,096
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.
- Cash (interest and non-interest bearing)$224K · 75.6%
- Receivables$71K · 24.1%
- Buildings and other property used in plan operation$917 · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBonadio & Co., LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- 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
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238100: Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding).
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ironworkers Local No. 6 Retirement Plan | Board of Trustees Ironworkers Local No. 6 Retirement Plan | 233 | $8.3M | $35,534 |
| Plasterers & Cement Masons Local 40 Pension Fund | Plasterers & Cement Mason Local 40 Pension Fund | 201 | $27.1M | $134,600 |
| Heat and Frost Insulators and Allied Workers Local No. 4 Pension Plan | Joint Board of Trustees Heat and Frost Insulators and Allied Worker | 235 | $19.0M | $81,059 |
| International Association of Heat, Frost Insulators & Allied Workers Lu 91 Pension Fund | International Association of Heat,frost Insulators & Allied Workers Lu | 188 | $36.7M | $195,172 |
| IBEW Local 840 Pension Fund | IBEW Local 840 Pension Fund Board of Trustees | 249 | $31.0M | $124,650 |
| Asbestos Workers Syracuse Pension Fund | Asbestos Workers Syracuse Pension Fund | 157 | $12.6M | $80,083 |
Defined benefit plans in construction closest in size.
Questions and answers
How big is Roofers Local 195 Pension Fund?
226 participants at the end of the plan year ending 30 Jun 2025, with net assets of −$8,201,050. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Roofers Local 195 Pension Fund contribute per participant?
The filing reports $478,693 in employer contributions for the year; the median for plans of the same type and size was $9,975 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 $26,863 in compensation to service provider organisations, $119 per participant. The same-size median among plans reporting any Schedule C compensation was $451 per participant. Administrative expenses on Schedule H were $192,096. 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 Roofers Local 195 Pension Fund. The financial statements were audited by Bonadio & Co., LLP. 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 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 18 Feb 2026. 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 16-6158018, plan 001, received 18 Feb 2026; 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.