Plan Snapshot
- Plan Sponsor: Board Of Trustees Iron Workers
- Sponsor EIN: 042647320
- Sponsor Address: 161 GRANITE AVE, DORCHESTER, MA, 021245437
- Plan Type: DC
- Total Participants: 7,844
- Total Assets: $614.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,844 | $614.1M | $45.7M | $169,766 |
| 2023 | 7,659 | $566.8M | $50.8M | $167,712 |
| 2022 | 7,428 | $499.6M | $53.2M | $189,160 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | NONE | $284,720 | — | $284,720 |
| MANZI & ASSOCIATES L.L.C. | NONE | $76,481 | — | $76,481 |
| MEKETA INVESTMENT GROUP | NONE | $75,000 | — | $75,000 |
| WILLIAM HURLEY | EMPLOYEE | $35,690 | — | $35,690 |
| MICKEY LONG, ESQ. | NONE | $25,414 | — | $25,414 |
| HEATHER ROMERI | EMPLOYEE | $25,167 | — | $25,167 |
| LANGAN & DEMPSEY | NONE | $24,225 | — | $24,225 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | NONE | $23,766 | — | $23,766 |
| VANESSA BERMUDEZ | EMPLOYEE | $16,587 | — | $16,587 |
| NBM INC. | NONE | $15,433 | — | $15,433 |
| SEGAL ROITMAN LLP | NONE | $14,148 | — | $14,148 |
| MAUREEN FLAHERTY | EMPLOYEE | $12,614 | — | $12,614 |
| KARA LALLY | EMPLOYEE | $11,744 | — | $11,744 |
| ANN O'MEARA | EMPLOYEE | $8,947 | — | $8,947 |
| ANA CORREIA | EMPLOYEE | $6,641 | — | $6,641 |
| NICOLE MURPHY | EMPLOYEE | $6,636 | — | $6,636 |
| ALLISON BARBER | EMPLOYEE | $6,327 | — | $6,327 |
| SEGAL CONSULTING | NONE | $5,489 | — | $5,489 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $675,029
- Estimated Expense Ratio: 0.110% 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 | $836,576 | $359,720 | — | $29,500 | — |
| 2023 | $809,010 | $354,150 | — | $51,264 | — |
| 2022 | $706,776 | $351,865 | — | — | $105,338 |