Plan Snapshot
- Plan Sponsor: Board Of Trustees - H.F.I.A.W. Local No.32 Pension Trust Fund
- Sponsor EIN: 221715513
- Sponsor Address: 36 HOPATCHUNG ROAD, HOPATCONG, NJ, 07843
- Plan Type: DB
- Total Participants: 202
- Total Assets: $90.3M
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 | 202 | $90.3M | $3.7M | $0 |
| 2023 | 192 | $84.5M | $3.6M | $0 |
| 2022 | 212 | $79.2M | $3.2M | $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 |
|---|---|---|---|---|
| MSPC CERTIFIED PUBLIC ACCOUNTANTS & | Auditor | $31,612 | — | $31,612 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS & — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,612
- Estimated Expense Ratio: 0.035% 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 | $816,214 | $513,530 | $142,884 | $31,612 | — |
| 2023 | $794,945 | $497,820 | $138,862 | $33,275 | — |
| 2022 | $839,239 | $543,861 | $134,366 | — | $123,096 |