Plan Snapshot
- Plan Sponsor: Board Of Trustees I.U.O.E. Local 478 Pension Plan
- Sponsor EIN: 060733831
- Sponsor Address: 1965 DIXWELL AVENUE, HAMDEN, CT, 06514
- Plan Type: DB
- Total Participants: 2,487
- Total Assets: $758.6M
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 | 2,487 | $758.6M | $34.5M | $0 |
| 2023 | 2,388 | $693.9M | $33.3M | $0 |
| 2022 | 2,316 | $630.2M | $30.6M | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $62,000 | — | $62,000 |
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: $62,000
- Estimated Expense Ratio: 0.008% 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 | $4,923,323 | $3,247,865 | $60,805 | $62,000 | — |
| 2023 | $4,573,281 | $2,985,485 | $57,964 | $60,000 | — |
| 2022 | $4,587,483 | $3,144,682 | $56,827 | — | $352,194 |