Plan Snapshot
- Plan Sponsor: Board Of Trustees Iron Workers' Locals No. 15 & 424
- Sponsor EIN: 061074625
- Sponsor Address: 162 WEST ST, BLDG 2, SUITE J, CROMWELL, CT, 064164404
- Plan Type: DC
- Total Participants: 3,164
- Total Assets: $79.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 3,164 | $79.6M | $0 | $0 |
| 2024 | 3,470 | $75.4M | $0 | $0 |
| 2023 | 1,231 | $71.5M | $0 | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $21,475 | — | $21,475 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,475
- Estimated Expense Ratio: 0.027% 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 |
|---|---|---|---|---|---|
| 2025 | $254,600 | $23,103 | — | $21,475 | — |
| 2024 | $256,096 | $30,150 | — | $21,875 | — |
| 2023 | $234,122 | $30,000 | — | — | $75,929 |