Plan Snapshot
- Plan Sponsor: Asbestos Workers Union Local No. 64
- Sponsor EIN: 730679063
- Sponsor Address: PO BOX 1028, WEST TRENTON, NJ, 08628
- Plan Type: DB
- Total Participants: 114
- Total Assets: $240,609
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 114 | $240,609 | $0 | $0 |
| 2023 | 114 | $240,697 | $0 | $0 |
| 2022 | 119 | $225,161 | $107 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GERSON & ASSOC. CPAS AND ADVISORS | Auditor | $9,500 | — | $9,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 3.948% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $42,284 | — | $21,200 | $9,500 | — |
| 2023 | $41,370 | — | $20,400 | $9,000 | — |
| 2022 | $40,396 | — | $20,000 | — | $15,000 |