Plan Snapshot
- Plan Sponsor: Board Of Trustees Annuity Fund Of Heat And Frost Insulators Local 12
- Sponsor EIN: 136101711
- Sponsor Address: 35-53 24TH STREET, LONG ISLAND CITY, NY, 11106
- Plan Type: DC
- Plan Number: 001
- Total Participants: 724
- Total Assets: $215.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 724 | $215.6M | $0 | $0 |
| 2024 | 461 | $200.6M | $6.5M | $0 |
| 2023 | 490 | $188.1M | $6.2M | $0 |
| 2022 | 538 | $175.7M | $6.8M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SRVCS | Other Service Provider | $153,484 | — | $153,484 |
| MACKAY SHIELDS LLC | Other Service Provider | $76,163 | — | $76,163 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $58,000 | — | $58,000 |
| PROSKAUER ROSE LLP | Other Service Provider | $57,302 | — | $57,302 |
| COLLERAN O'HARA & MILLS LLP | ERISA Attorney | $49,687 | — | $49,687 |
| REYNOLDS CONSULTING SERVICES LLC | Other Service Provider | $38,137 | — | $38,137 |
| M&T BANK | Other Service Provider | $31,074 | — | $31,074 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $10,980 | — | $10,980 |
| MATRIX TRUST COMPANY | Other Service Provider | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $482,827
- Estimated Expense Ratio: 0.224% 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 |
|---|---|---|---|---|---|
| 2025 | $16,706,787 | $38,137 | $10,980 | $58,000 | — |
| 2024 | $621,093 | $33,137 | $10,620 | $56,000 | — |
| 2023 | $660,045 | $33,137 | $6,880 | $55,000 | — |
| 2022 | $666,101 | $272,177 | — | — | $146,699 |