Plan Snapshot
- Plan Sponsor: Board Of Trustees I.A.H.F.I.A.W. Local No. 32 - Annuity Fund
- Sponsor EIN: 222410262
- Sponsor Address: BASIL CASTROVINCI ASSOCIATES, INC., HOPATCONG, NJ, 07843
- Plan Type: DC
- Total Participants: 627
- Total Assets: $56.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 627 | $56.1M | $2.7M | $0 |
| 2023 | 643 | $51.0M | $2.6M | $0 |
| 2022 | 628 | $46.2M | $2.5M | $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 A | Auditor | $16,565 | — | $16,565 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS A — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,565
- Estimated Expense Ratio: 0.030% 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 | $163,573 | $26,586 | $68,775 | $16,565 | — |
| 2023 | $154,910 | $23,172 | $55,656 | $17,775 | — |
| 2022 | $150,315 | $23,043 | $53,427 | — | $61,834 |