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 |
|---|---|---|---|---|
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $337,334 | — | $337,334 |
| ACADIAN ASSET MANAGEMENT LLC | Other Service Provider | $252,603 | — | $252,603 |
| LSV ASSET MANAGEMENT | Other Service Provider | $251,922 | — | $251,922 |
| SEGAL MARCO ADVISORS | Other Service Provider | $148,803 | — | $148,803 |
| MACKAY SHIELDS LLC | Recordkeeper | $142,021 | — | $142,021 |
| COLUMBIA MGMT INV ADV LLC | Other Service Provider | $137,166 | — | $137,166 |
| REID & RIEGE, P.C. | Other Service Provider | $120,947 | — | $120,947 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $115,786 | — | $115,786 |
| THE SEGAL COMPANY | Other Service Provider | $103,020 | — | $103,020 |
| BLACKROCK INST'L TRUST CO NA | Other Service Provider | $98,314 | — | $98,314 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $77,144 | — | $77,144 |
| ZENITH AMERICAN SOLUTIONS INC | Other Service Provider | $60,805 | — | $60,805 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MACKAY SHIELDS LLC — Recordkeeper
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,845,865
- Estimated Expense Ratio: 0.243% 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 |