SUMMARY ORDER
Plaintiff-appellant Lance Diamond appeals from the judgment of the district court entered February 7, 2014 dismissing Diamond’s complaint against Local 807 La-borManagement Pension Fund (the “Fund”) and the members of its Board of Trustees, John Sullivan, Anthony Storz, Luis Herrerra, John Zak, and Alfred Fernandez. By memorandum and order also filed February 7, 2014, the district court held that Diamond’s complaint — which alleged violations of the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. § 1001 et seq. — did not state a federal cause of action because he did not exhaust his administrative remedies prior to filing suit. We assume the parties’ familiarity with the underlying facts, the procedural history, and the issues on appeal.
According to the allegations of the complaint, defendants administer a pension plan (the “Plan”) for qualifying employees who work under a collective bargaining agreement between Truck Drivers Local 807 IBT of Long Island City, New York, and their employers. Diamond was employed by defendants as “Controller” of the Fund from January 1997 to May 2005 and thus was eligible for benefits under the Plan. Diamond was dismissed from this position in May 2005.
The Plan sets forth rules and regulations governing eligibility and the rights of participants to receive benefits. Section 6(b) provides that benefits can be suspended if participants engage in “Totally Disqualifying Employment.” For employees claiming benefits after 65 years of age, “Disqualifying Employment” is defined as employment of forty or more hours in any month in (A) an industry covered by the Plan when the participant’s pension payments began; (B) in the geographic area covered by the Plan when the participant’s pension began; and (C) in any occupation in which the participant worked under the Plan at any time.
On January 9, 2012, Diamond accepted a consulting position with the Puerto Rican Family Institute, Inc. (“PRFI”). In February 2012, Diamond turned 65 and thereafter applied for and began receiving benefits under the Plan. Defendants suspended Diamond’s benefits on June 14, 2012 on the basis that his employment with PRFI constituted Disqualifying Employment under the Plan.
Diamond requested review of his benefit suspension by the Plan’s trustees but withdrew his request on July 30, 2012. Diamond thus failed to exhaust his administrative remedies under the Plan’s claims procedure. In October 2012, Diamond filed the complaint in the district court alleging that defendants (1) breached their fiduciary duties to Plan participants by failing to comply with their *24duties under ERISA; (2) improperly suspended his benefits; and (3) failed to produce certain documents.1 Defendants moved to dismiss, asserting that Diamond failed to exhaust administrative remedies prior to filing suit. The district court granted defendants’ motion to dismiss, and Diamond appeals the district court’s judgment.
“We review de novo the dismissal of a complaint under [Federal] Rule [of Civil Procedure] 12(b)(6), accepting all factual allegations as true and drawing all reasonable inferences in favor of the plaintiff.” N.J. Carpenters Health Fund v. Royal Bank of Scotland Grp., PLC, 709 F.3d 109, 119 (2d Cir.2013) (quoting Litwin v. Blackstone Grp., L.P., 634 F.3d 706, 715 (2d Cir.2011)) (alterations in original) (internal quotation marks omitted). In assessing a motion to dismiss under 12(b)(6), a court must consider whether the complaint contains “sufficient factual matter, accepted as true, to ‘state a claim to relief that is plausible on its face.’ ” Ashcroft v. Iqbal, 556 U.S. 662, 678, 129 S.Ct. 1937, 173 L.Ed.2d 868 (2009) (quoting Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570, 127 S.Ct. 1955, 167 L.Ed.2d 929 (2007)).
Under ERISA, all covered benefit plans must “provide adequate notice in writing to any participant or beneficiary whose claim for benefits under the plan has been denied” and “afford a reasonable opportunity to any participant ... for a full and fair review by the appropriate named fiduciary of the decision denying the claim.” 29 U.S.C. § 1133(1) — (2). Plan participants denied benefits “must pursue all administrative remedies provided by their plan pursuant to statute, which includes carrier review in the event benefits are denied.” Chapman v. ChoiceCare Long Island Term Disability Plan, 288 F.3d 506, 511 (2d Cir.2002). We have consistently recognized “the firmly established federal policy favoring exhaustion of administrative remedies in ERISA cases.” Kennedy v. Empire Blue Cross & Blue Shield, 989 F.2d 588, 594 (2d Cir.1993) (quoting Alfarone v. Bernie Wolff Constr., 788 F.2d 76, 79 (2d Cir.1986)) (internal quotation marks omitted).
It is undisputed that Diamond failed to exhaust the claims procedure of the Plan. Diamond initially appealed his benefit suspension to the Plan’s trustees as required by the Plan’s claims procedure, but he later withdrew the appeal intending, as he explained, to “seek reinstatement of his pension benefit in Federal Court without exhausting the administrative appeal process.” App. at 200. At issue is whether Diamond’s complaint is premised on an interpretation of the terms of the Plan or on an ERISA statutory violation. District courts in this Circuit “have drawn a distinction between claims relating to violations of the terms of a benefit plan, and claims relating to statutory violations of ERISA, finding that the former, but not the latter, claims must be administratively exhausted.” Role v. Johns Hopkins Bayview Med. Ctr., 06-Civ.-2475, 2008 WL 465574, at *3 (E.D.N.Y. Feb. 15, 2008).
Diamond argues that he is not required to exhaust administrative remedies because he alleges a statutory violation of ERISA. The Second Circuit “has not addressed the specific question whether exhaustion is required for statutory [ERISA] claims.” Nechis v. Oxford Health Plans, Inc., 421 F.3d 96, 102 (2d Cir.2005). The Third, Fourth, Fifth, Sixth, Ninth, and Tenth Circuits have held that plaintiffs need not exhaust administrative remedies before bringing a legal action asserting a *25violation of the ERISA statute. See Milofsky v. Am. Airlines, Inc., 442 F.3d 311, 313 (5th Cir.2006) (per curiam); Smith v. Sydnor, 184 F.3d 356, 363-65 (4th Cir.1999); Richards v. Gen. Motors Corp., 991 F.2d 1227, 1235 (6th Cir.1993); Held v. Mfrs. Hanover Leasing Corp., 912 F.2d 1197, 1205 (10th Cir.1990); Zipf v. A.T. & T. Co., 799 F.2d 889, 894 (3d Cir.1986); Amaro v. Cont’l Can Co., 724 F.2d 747, 749-50 (9th Cir.1984). The district court below agreed, joining the district courts in this Circuit that have dispensed with the exhaustion requirement where plaintiffs allege statutory ERISA violations. See, e.g., De Pace v. Matsushita Elec. Corp. of Am., 257 F.Supp.2d 543, 557-58 (E.D.N.Y.2003). Yet, the district court required exhaustion because it found Diamond’s claims to allege violations of the terms of the Plan.
We need not decide the issue of whether exhaustion is required for statutory ERISA claims because we agree that Diamond is alleging a breach of the terms of the Plan, not a statutory violation of ERISA. Diamond casts his claim as a statutory violation, arguing that “Defendants’ misreading of the Pension Plan Rules was so improper, so egregious and so unreasonable as to be a breach of Defendant’s ERISA-created fiduciary duties.” Appellant’s Corrected Reply Brief at 4. Yet Diamond’s amended complaint specifically alleges that defendants “violated the express terms and conditions of the Pension Plan” and thus breached their “fiduciary duties under Section 404 of ERISA because, at this time, they have knowledge that they are not operating the Pension Plan ‘in accordance with the documents and instruments’ governing the Pension Plan.” App. at 25-26. The “essence of a cause of action,” however, “is found in the facts alleged and proven by the plaintiff, not the particular legal theories articulated.” Oneida Indian Nation of N.Y. v. Cnty. of Oneida, 617 F.3d 114, 139 (2d Cir.2010); cf. Hack v. President & Fellows of Yale Coll., 237 F.3d 81, 89 (2d Cir.2000) (Pooler, J., concurring), abrogated on other grounds by Swierkiewicz v. Sorema N.A., 534 U.S. 506, 122 S.Ct. 992, 152 L.Ed.2d 1 (2002). Because Diamond’s allegations explicitly required interpretation of the documents governing the Plan, we view his claim as involving a breach of fiduciary duties, notwithstanding his framing of the claim as a statutory violation. Cf. Cent. States, Se. & Sw. Areas Health & Welfare Fund v. Gerber Life Ins. Co., 771 F.3d 150, 154 (2d Cir.2014) (Litigants cannot “plead around ERISA’s limitations” and bring “legal [claims] for money damages even though they are covered by an equitable label.”).
Because Diamond was seeking only to receive benefits under the Plan that he contends were withheld in violation of the terms of the Plan, he was required to exhaust his administrative remedies. Because he failed to do so, his claim was properly dismissed. See Chapman, 288 F.3d at 511.
Diamond further contends that it would have been futile to pursue administrative remedies. Where an ERISA plaintiff makes a “clear and positive showing that pursuing available administrative remedies would be futile,” a failure to exhaust is excused. Kennedy, 989 F.2d at 594 (internal quotation marks omitted). Here, however, the conclusory allegations of Diamond’s complaint fail to sufficiently allege futility. See Davenport v. Harry N. Abrams, Inc., 249 F.3d 130, 133 (2d Cir.2001) (per curiam) (holding that a “putative ‘denial’ of benefits” contained in a letter “did not render futile further pursuit of [plaintiffs] claims through the proper channels”); see also Saladin v. Prudential Ins. Co. of Am., 337 Fed.Appx. 78, 80 (2d Cir.2009) (summary order) (stating that *26exhaustion was required where “administrative rejection of [plaintiffs] challenge was not a foregone conclusion”).
We have reviewed Diamond’s remaining arguments and find them to be without merit. Accordingly, we AFFIRM the judgment of the district court.
. Diamond declined to appeal his claims of ERISA retaliation by Fernandez and failure to produce documents, leaving only the fiduciary duty claims.