Plan Snapshot
- Plan Sponsor: Bd Of Trustees-Heat & Frost Insulators And Allied Workers Local 6 Pen
- Sponsor EIN: 516135057
- Sponsor Address: 1 BATTERYMARCH PARK, SUITE 317, QUINCY, MA, 021697471
- Plan Type: DB
- Total Participants: 597
- Total Assets: $166.3M
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 | 597 | $166.3M | $9.9M | $0 |
| 2023 | 570 | $153.8M | $9.1M | $0 |
| 2022 | 564 | $139.9M | $8.7M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $17,450 | — | $17,450 |
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: $17,450
- Estimated Expense Ratio: 0.010% 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 | $1,048,645 | $567,777 | $88,821 | $17,450 | — |
| 2023 | $1,076,680 | $690,023 | $88,828 | $17,469 | — |
| 2022 | $1,016,056 | $669,806 | $88,800 | — | $174,696 |