Plan Snapshot
- Plan Sponsor: Board Of Trustees Iron Workers Local 580 Shop Pension Fund
- Sponsor EIN: 136613876
- Sponsor Address: 501 WEST 42ND STREET, NEW YORK, NY, 10036
- Plan Type: DB
- Plan Number: 001
- Total Participants: 0
- Total Assets: $5.1M
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 | 0 | $5.1M | $142,749 | $0 |
| 2023 | 0 | $6.3M | $129,611 | $0 |
| 2022 | 0 | $7.2M | $157,428 | $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 |
|---|---|---|---|---|
| THE SEGAL CO. (EASTERN STATES) INC. | Actuary | $47,033 | — | $47,033 |
| LAW OFFICE OF STEVEN N. DAVI, PLLC | ERISA Attorney | $34,957 | — | $34,957 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $27,000 | — | $27,000 |
| COLLERAN, O'HARA & MILLS, LLP | ERISA Attorney | $18,000 | — | $18,000 |
| MORGAN STANLEY GRAYSTONE | Recordkeeper | $17,925 | — | $17,925 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $9,905 | $9,905 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $5,604 | — | $5,604 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
- MORGAN STANLEY GRAYSTONE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,424
- Estimated Expense Ratio: 3.167% 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 | $259,216 | $18,272 | — | $27,000 | — |
| 2023 | $261,537 | $18,001 | — | $27,000 | — |
| 2022 | $285,353 | $17,302 | — | — | $138,203 |