Plan Snapshot
- Plan Sponsor: Bd Of Trustees 32bj Connecticut Pension Fund
- Sponsor EIN: 060909320
- Sponsor Address: 25 WEST 18TH STREET, NEW YORK, NY, 100114676
- Plan Type: DB
- Total Participants: 1,712
- Total Assets: $83.7M
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 | 1,712 | $83.7M | $3.9M | $0 |
| 2023 | 1,710 | $77.5M | $3.7M | $0 |
| 2022 | 1,776 | $68.8M | $3.8M | $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 |
|---|---|---|---|---|
| BUILDING SERVICE 32BJ HEALTH FUND | Other Service Provider | $302,109 | — | $302,109 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $65,000 | — | $65,000 |
| THE SEGAL COMPANY | Other Service Provider | $62,540 | — | $62,540 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $55,399 | — | $55,399 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $52,653 | — | $52,653 |
| SEGAL SELECT INS SERVICES, INC. | Other Service Provider | $35,028 | $6,747 | $41,775 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $21,310 | — | $21,310 |
| JPM CHASE BANK | Recordkeeper | $19,494 | — | $19,494 |
| H&H GRAPHIC PRINTING COMMUNICATIONS | Other Service Provider | $17,729 | — | $17,729 |
| SLEVIN & HART, PC | ERISA Attorney | $17,271 | — | $17,271 |
| BNY MELLON | Other Service Provider | $11,298 | — | $11,298 |
| HAMILTON LANE ADVISORS LLC | Other Service Provider | $10,259 | — | $10,259 |
| HAMILTON LANE GP X LLC | Other Service Provider | $9,396 | — | $9,396 |
| HEALTH MANAGEMENT SYSTEMS, INC. | Other Service Provider | $7,505 | — | $7,505 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
- WITHUMSMITH+BROWN, P.C. — Auditor
- SCHULTHEIS & PANETTIERI, LLP — Auditor
- JPM CHASE BANK — Recordkeeper
- SLEVIN & HART, PC — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $693,738
- Estimated Expense Ratio: 0.829% 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 | $858,428 | $154,566 | — | $55,399 | — |
| 2023 | $918,738 | $179,606 | — | $51,000 | — |
| 2022 | $887,301 | $136,930 | — | — | $249,384 |