Ohio › Finance and insurance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jun 2024 to 31 May 2025
Ohio Bricklayers Local No. 8 Security Plan
Sponsored by Ohio Bricklayers Local No. 8 Security Plan Board of Trustees, Canfield, OH
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.
In the plan year ending 31 May 2025, Ohio Bricklayers Local No. 8 Security Plan covered 1,021 participants and held $10.2M in net assets. The plan is a money purchase plan sponsored by Ohio Bricklayers Local No. 8 Security Plan Board of Trustees of Canfield, Ohio. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $9,942 per participant, well below the $50,295 median for defined contribution plans with 1,000 to 4,999 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 $839K during the year, or $1,544 per active participant against a same-size median of $2,045; participants contributed —. Benefits paid out totalled $766K.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $28K: $27.19 per participant, well below the same-size median of $82.08. Administrative expenses charged to the plan were $43K. 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 $3.4M in 2009 to $10.2M in 2024 (up 198%), and participants from 1,079 to 1,021 (down 5%).
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 | $9,942 | $50,295 | $92,294 | $53,102 |
| Employer contributions per active participant | $1,544 | $2,045 | $3,564 | $2,175 |
| Schedule C compensation per participant | $27.19 | $82.08 | $137 | $123 |
| Schedule C compensation, share of net assets | 0.27% | 0.17% | 0.17% | 0.26% |
| Administrative expenses per participant | $42.29 | $82.20 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 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 | 1,021 | $10.2M | $9,942 | $839K | — | $28K |
| 2023 | 1,465 | $9.3M | $6,342 | $635K | — | $31K |
| 2022 | 1,462 | $8.1M | $5,552 | $620K | — | $29K |
| 2021 | 1,441 | $8.1M | $5,591 | $664K | — | $14K |
| 2020 | 1,390 | $8.4M | $6,028 | $490K | — | $25K |
| 2019 | 1,362 | $6.6M | $4,825 | $408K | — | $14K |
| 2018 | 1,346 | $6.4M | $4,776 | $489K | — | $14K |
| 2017 | 1,354 | $6.3M | $4,644 | $507K | — | $13K |
| 2016 | 1,267 | $5.7M | $4,467 | $488K | — | $10K |
| 2015 | 1,229 | $5.0M | $4,084 | $437K | — | $33K |
| 2014 | 1,212 | $5.2M | $4,257 | $506K | — | $44K |
| 2013 | 1,174 | $5.1M | $4,335 | $415K | — | $42K |
| 2012 | 1,166 | $4.6M | $3,961 | $628K | — | $38K |
| 2011 | 1,136 | $4.0M | $3,504 | $533K | — | $33K |
| 2010 | 1,061 | $3.9M | $3,683 | $341K | — | $32K |
| 2009 | 1,079 | $3.4M | $3,161 | $574K | — | $39K |
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$9,290,710
- Employer contributions$838,596
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$838,596
- Total income, including investment results$1,669,496
- Benefits paid$765,754
- Administrative expenses$43,182
- Total expenses$808,936
- Net income$860,560
- Net transfers$0
- Net assets, end of year$10,151,270
Participants
- Active participants543
- Retired or separated, receiving benefits7
- Retired or separated, entitled to future benefits471
- Participants with account balances1,021
- Total participants, end of year1,021
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Benesys | Plan Administrator | $15,759 | $0 |
| Dgperry, PLLC | Accounting (including auditing) | $12,000 | $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
- Contract administrator fees$15,759
- IQPA audit fees$12,000
- Investment advisory and management fees$8,001
- Other administrative expenses$5,001
- Legal fees$2,421
- Total administrative expenses$43,182
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)$8.2M · 80.8%
- Cash (interest and non-interest bearing)$1.8M · 17.3%
- Receivables$189K · 1.9%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmDgperry
- 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
2CMoney purchase (other than target benefit) 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 Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Down to Earth 401(k) Plan | Seasons Service Select, LLC | 1,076 | $6.0M | $5,569 |
| Central Employees' Savings and Profit Participation Plan | Central Insurance Company | 1,002 | $231M | $230,157 |
| Third Federal 401(k) Savings Plan | Third Federal Savings and Loan Association of Cleveland | 1,127 | $226M | $200,258 |
| Real Alloy Recycling 401(k) Plan | Real Alloy Recycling, LLC | 890 | $74.8M | $83,997 |
| T2 Financial LLC 401(k) Profit Sharing Plan & Trust | T2 Financial LLC | 1,157 | $15.7M | $13,544 |
| Farmers National Bank 401(k) Retirement Savings Plan | Farmers National Bank of Canfield | 810 | $67.6M | $83,511 |
Defined contribution plans in finance and insurance closest in size.
Questions and answers
How big is Ohio Bricklayers Local No. 8 Security Plan?
1,021 participants at the end of the plan year ending 31 May 2025, of whom 543 were active employees, with net assets of $10,151,270. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Ohio Bricklayers Local No. 8 Security Plan Board of Trustees contribute per participant?
The filing reports $838,596 in employer contributions for the year, which is $1,544 per active participant; the median for plans of the same type and size was $2,045 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 $27,759 in compensation to service provider organisations, $27.19 per participant or 0.27% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $43,182. 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 Ohio Bricklayers Local No. 8 Security Plan Board of Trustees. Recordkeeping or administration: Benesys. The financial statements were audited by Dgperry. 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 Jun 2024 to 31 May 2025, received by the Department of Labor on 14 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 52-2101436, plan 002, received 14 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.