Plan Snapshot
- Plan Sponsor: Board Of Trustees Bricklayers & Allied Craftsmen Local 2 Annuity Fd
- Sponsor EIN: 161298070
- Sponsor Address: 300 CENTRE DRIVE, ALBANY, NY, 12203
- Plan Type: DC
- Plan Number: 002
- Total Participants: 2,283
- Total Assets: $18.9M
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 | 2,283 | $18.9M | $1.9M | $0 |
| 2023 | 2,226 | $17.4M | $1.8M | $0 |
| 2022 | 2,151 | $15.2M | $1.7M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Other Service Provider | $32,292 | — | $32,292 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $29,799 | — | $29,799 |
| KARPUS INVESTMENT MANAGEMENT | Other Service Provider | $12,482 | — | $12,482 |
| BLITMAN & KING | Other Service Provider | $8,863 | — | $8,863 |
| MODERN ADMINISTRATION SYSTEMS LLC | Other Service Provider | $7,258 | — | $7,258 |
| WALTER SCOTT | Other Service Provider | $6,970 | — | $6,970 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $6,365 | — | $6,365 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,029
- Estimated Expense Ratio: 0.551% 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 | $245,466 | $77,155 | — | $28,200 | — |
| 2023 | $180,532 | $62,505 | — | $25,000 | — |
| 2022 | $176,358 | $55,122 | — | — | $42,651 |