Plan Snapshot
- Plan Sponsor: Bd Of Trustees Amalgamated Transit Workers Local 854 Pension Fund
- Sponsor EIN: 850774781
- Sponsor Address: 420 WEST MERRICK ROAD, VALLEY STREAM, NY, 11580
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,207
- Total Assets: $19.8M
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 | 1,207 | $19.8M | $2.8M | $0 |
| 2023 | 1,304 | $16.1M | $2.8M | $0 |
| 2022 | 1,524 | $12.4M | $2.9M | $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 |
|---|---|---|---|---|
| MCCARTHY & PREECE | Other Service Provider | $60,000 | — | $60,000 |
| PRISCILLA FARDUCHI | Other Service Provider | $51,464 | — | $51,464 |
| JOSEPH GIOVINCO | Other Service Provider | $26,496 | — | $26,496 |
| EASTERN STATES JOINT BOARD | Other Service Provider | $26,461 | — | $26,461 |
| WEAVER & TIDWELL LLP | Auditor | $24,000 | — | $24,000 |
| KEYSTONE 74 BENEFITS & ADMIN. LLC | Other Service Provider | $14,417 | — | $14,417 |
| QUAN-VEST CONSULTANTS, INC. | Other Service Provider | $12,036 | — | $12,036 |
| ADP, INC. | Other Service Provider | $9,848 | — | $9,848 |
| LAWRENCE FISCHER, CPA | Other Service Provider | $7,450 | — | $7,450 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $232,172
- Estimated Expense Ratio: 1.172% 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 | $370,256 | $13,466 | — | $24,000 | — |
| 2023 | $423,156 | $8,662 | — | $30,331 | — |
| 2022 | $401,263 | $7,080 | — | — | $165,760 |