Plan Snapshot
- Plan Sponsor: B.A.C. Local No. 4 Pension Fund
- Sponsor EIN: 226041493
- Sponsor Address: 14 PLOG ROAD SUITE 2, FAIRFIELD, NJ, 07004
- Plan Type: DB
- Total Participants: 414
- Total Assets: $141.7M
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 | 414 | $141.7M | $5.6M | $0 |
| 2023 | 421 | $134.6M | $5.9M | $0 |
| 2022 | 450 | $128.6M | $6.2M | $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 |
|---|---|---|---|---|
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $156,809 | — | $156,809 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $75,000 | — | $75,000 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $66,537 | — | $66,537 |
| NEWTOWER TRUST COMPANY | Other Service Provider | $51,080 | — | $51,080 |
| SIERRA INVESTMENT PARTNERS INC. | Other Service Provider | $47,397 | — | $47,397 |
| VIRGINIA & AMBINDER, LLP | Other Service Provider | $43,697 | — | $43,697 |
| CHICAGO BENEFIT CONSULTANTS INC. | Other Service Provider | $38,825 | — | $38,825 |
| SUSANIN WIDMAN & BRENNAN PC | Other Service Provider | $38,073 | — | $38,073 |
| RICHARD J. CUMMINGS, CPA | Other Service Provider | $30,000 | — | $30,000 |
| COMERICA BANK | Other Service Provider | $19,421 | — | $19,421 |
| SCHULTHEIS & PANATTIERI LLP | Auditor | $15,358 | — | $15,358 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANATTIERI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $582,197
- Estimated Expense Ratio: 0.411% 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 | $848,400 | $365,164 | — | $30,000 | — |
| 2023 | $796,311 | $346,624 | — | $30,000 | — |
| 2022 | $783,272 | $356,831 | — | — | $158,169 |