Plan Snapshot
- Plan Sponsor: Bd Of Trustee-Asbestos Workers Local 6 Apprent Fd
- Sponsor EIN: 046374405
- Sponsor Address: 1 BATTERYMARCH PARK, SUITE 317, QUINCY, MA, 02169
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 603
- Total Assets: $2.1M
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 | 603 | $2.1M | $853,581 | $0 |
| 2023 | 622 | $1.9M | $789,728 | $0 |
| 2022 | 652 | $1.6M | $766,942 | $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 |
|---|---|---|---|---|
| DANIEL KIRWIN JR. | Other Service Provider | $199,074 | — | $199,074 |
| RICHARD ROTHWELL | Other Service Provider | $123,684 | — | $123,684 |
| MICHAEL YOUNG | Other Service Provider | $67,354 | — | $67,354 |
| H&H BUILDERS, INC. | Other Service Provider | $10,860 | — | $10,860 |
| ASBESTOS WORKERS UNION LOCAL 6 | Other Service Provider | $7,665 | — | $7,665 |
| SEGAL ROITMAN, LLP | Other Service Provider | $7,520 | — | $7,520 |
| NOVAK FRANCELLA, LLC | Auditor | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $423,157
- Estimated Expense Ratio: 19.898% 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 | $107,431 | — | — | $7,000 | — |
| 2023 | $99,935 | — | $5,090 | $7,800 | — |
| 2022 | $92,378 | — | $3,818 | — | $12,328 |