Plan Snapshot
- Plan Sponsor: Bd Of Tees Of Elevator Constructors Union Local No. 1 Annuity & 401k F
- Sponsor EIN: 516124191
- Sponsor Address: 140 SYLVAN AVENUE, SUITE 106, ENGLEWOOD CLIFFS, NJ, 076322514
- Plan Type: 401(k)
- Total Participants: 3,038
- Total Assets: $1.7B
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 | 3,038 | $1.7B | $71.2M | $25.9M |
| 2023 | 3,099 | $1.6B | $65.3M | $25.4M |
| 2022 | 3,298 | $1.4B | $67.8M | $23.9M |
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 |
|---|---|---|---|---|
| DANIEL A. WINTERS & COMPANY | Auditor | $221,129 | — | $221,129 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANIEL A. WINTERS & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $221,129
- Estimated Expense Ratio: 0.013% 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 | $4,799,852 | $3,489,163 | $591,397 | $221,129 | — |
| 2023 | $4,937,829 | $3,622,210 | $550,257 | $222,353 | — |
| 2022 | $5,068,245 | $3,725,332 | $528,394 | — | $605,450 |