Plan Snapshot
- Plan Sponsor: Board Of Trustees, Annuity Fund Of Local No. One, I.A.T.S.E.
- Sponsor EIN: 133022965
- Sponsor Address: 320 WEST 46TH ST., NEW YORK, NY, 10036
- Plan Type: DC
- Total Participants: 21,686
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,686 | $1.2B | $52.0M | $553,157 |
| 2023 | 20,955 | $1.1B | $47.2M | $295,904 |
| 2022 | 19,326 | $956.4M | $43.9M | $272,972 |
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 |
|---|---|---|---|---|
| PROSKAUER ROSE LLP | ERISA Attorney | $135,857 | — | $135,857 |
| SPIVAK LIPTON LLP | Other Service Provider | $112,508 | — | $112,508 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $58,249 | — | $58,249 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $57,433 | — | $57,433 |
| SEGAL SELECT INSURANCE SERVICES,INC | Other Service Provider | — | $20,383 | $20,383 |
| COMPREHENSIVE CONSULTING SOLUTIONS | Other Service Provider | $20,233 | — | $20,233 |
| PWC CONSULTING | Other Service Provider | $19,013 | — | $19,013 |
| MEKETA INVESTMENT GROUP, INC. | Other Service Provider | $18,750 | — | $18,750 |
| SYNTONIC SYSTEMS INC. | Other Service Provider | $9,396 | — | $9,396 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $8,375 | — | $8,375 |
| PYLON LOGISTICS | Other Service Provider | $7,587 | — | $7,587 |
| 9 TO 5 OFFICE SUPPLIES | Other Service Provider | $6,384 | — | $6,384 |
| PRELUDE CONSULTING, INC. | Other Service Provider | $6,005 | — | $6,005 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROSKAUER ROSE LLP — ERISA Attorney
- SCHULTHEIS & PANETTIERI, LLP — Auditor
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $480,173
- Estimated Expense Ratio: 0.041% 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 | $1,157,674 | $19,013 | — | $42,000 | — |
| 2023 | $1,091,195 | $112,466 | — | $43,500 | — |
| 2022 | $1,072,841 | $72,184 | — | — | $285,590 |