Plan Snapshot
- Plan Sponsor: Board Of Trustees H&Gl Local Unions Safety, Education & Training Tr Fd
- Sponsor EIN: 226171671
- Sponsor Address: 700 RAYMOND BOULEVARD, NEWARK, NJ, 071052909
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,670
- Total Assets: $43.3M
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 | 7,670 | $43.3M | $8.4M | $0 |
| 2023 | 7,491 | $39.8M | $7.6M | $0 |
| 2022 | 7,170 | $37.3M | $7.3M | $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 |
|---|---|---|---|---|
| GEORGE SAMUELSEN | Recordkeeper | $190,609 | — | $190,609 |
| JOSEPH S SCERBO III | Recordkeeper | $161,295 | — | $161,295 |
| JOHN J BOHME | Recordkeeper | $150,321 | — | $150,321 |
| SERGIO J. DASILVA | Recordkeeper | $146,967 | — | $146,967 |
| HOWARD L. TOMLIN | Recordkeeper | $146,733 | — | $146,733 |
| MICHAEL GRISKO | Recordkeeper | $144,947 | — | $144,947 |
| DAVID FERNANDES | Recordkeeper | $144,730 | — | $144,730 |
| WILLIAM A. COFFIN | Recordkeeper | $144,630 | — | $144,630 |
| LORRAINE MARTIN | Recordkeeper | $144,514 | — | $144,514 |
| JOSEPH TESTA | Recordkeeper | $141,454 | — | $141,454 |
| RUSSELL JONES | Recordkeeper | $140,415 | — | $140,415 |
| GERALD P LUDWIG, JR. | Recordkeeper | $119,629 | — | $119,629 |
| JENNIFER HIBBS | Recordkeeper | $105,613 | — | $105,613 |
| REBECCA SHEPPARD | Recordkeeper | $104,617 | — | $104,617 |
| DAVID A. LYNCH | Recordkeeper | $86,480 | — | $86,480 |
| SANDRA A. CAPACCIO | Custodian / Trustee | $76,086 | — | $76,086 |
| HULSE & ASSOCIATES, P.C. | Auditor | $66,000 | — | $66,000 |
| JOSEPH SCERBO JR. | Recordkeeper | $64,411 | — | $64,411 |
| EDWARD W STAVECKAS | Recordkeeper | $44,499 | — | $44,499 |
| NJ LTAP - RUTGERS U. CAIT | Other Service Provider | $34,510 | — | $34,510 |
| JOHNSON CONTROLS SECURITY SOLUTIONS | Other Service Provider | $26,689 | — | $26,689 |
| JESCO, INC. | Other Service Provider | $25,631 | — | $25,631 |
| WEAVER C. BARKSDALE ASSOCIATES, INC | Other Service Provider | $25,345 | — | $25,345 |
| SUNBELT RENTALS, INC. | Other Service Provider | $15,161 | — | $15,161 |
| HOLT MACHINERY COMPANY | Other Service Provider | $13,931 | — | $13,931 |
| CONSOLIDATED STEEL&ALUM FENCE CO.,I | Other Service Provider | $13,837 | — | $13,837 |
| MCCLOSKEY MECH. CONTRACTORS, INC. | Other Service Provider | $13,406 | — | $13,406 |
| GT MID ATLANTIC, LLC | Other Service Provider | $13,318 | — | $13,318 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $10,120 | — | $10,120 |
| HUGHES ENVIRONMENTAL ENGINEER, INC | Other Service Provider | $8,798 | — | $8,798 |
| JJD ELECTRIC, LLC | Other Service Provider | $8,469 | — | $8,469 |
| ZAZZALI P.C. | ERISA Attorney | $8,317 | — | $8,317 |
| UNITED RENTALS, INC. | Other Service Provider | $7,073 | — | $7,073 |
| SAL ELECTRIC CO., INC. | Other Service Provider | $6,636 | — | $6,636 |
| MIKE ZYNDORF LLC | Other Service Provider | $6,539 | — | $6,539 |
| REPUBLIC SERVICES | Other Service Provider | $6,044 | — | $6,044 |
| PERFECT PRINTING SOLUTIONS, INC. | Other Service Provider | $5,585 | — | $5,585 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GEORGE SAMUELSEN — Recordkeeper
- JOSEPH S SCERBO III — Recordkeeper
- JOHN J BOHME — Recordkeeper
- SERGIO J. DASILVA — Recordkeeper
- HOWARD L. TOMLIN — Recordkeeper
- MICHAEL GRISKO — Recordkeeper
- DAVID FERNANDES — Recordkeeper
- WILLIAM A. COFFIN — Recordkeeper
- LORRAINE MARTIN — Recordkeeper
- JOSEPH TESTA — Recordkeeper
- RUSSELL JONES — Recordkeeper
- GERALD P LUDWIG, JR. — Recordkeeper
- JENNIFER HIBBS — Recordkeeper
- REBECCA SHEPPARD — Recordkeeper
- DAVID A. LYNCH — Recordkeeper
- SANDRA A. CAPACCIO — Custodian / Trustee
- JOSEPH SCERBO JR. — Recordkeeper
- EDWARD W STAVECKAS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,578,359
- Estimated Expense Ratio: 5.960% 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 | $5,650,814 | $30,345 | — | $66,000 | — |
| 2023 | $5,199,442 | $29,033 | — | $66,000 | — |
| 2022 | $4,864,248 | $37,711 | — | — | $77,568 |