Plan Snapshot
- Plan Sponsor: Board Of Trustees, Iuoe Local 295 & 295c Employees Annuity
- Sponsor EIN: 261420360
- Sponsor Address: 61-04 MAURICE AVENUE, MASPETH, NY, 113789997
- Plan Type: DC
- Plan Number: 001
- Total Participants: 532
- 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. |
|---|---|---|---|---|
| 2025 | 532 | $5.1M | $0 | $0 |
| 2024 | 124 | $4.0M | $564,750 | $0 |
| 2023 | 83 | $3.2M | $482,627 | $0 |
| 2022 | 81 | $2.4M | $475,756 | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | Recordkeeper | $25,253 | — | $25,253 |
| FITZSIMMONS ABRAMS, LLP | Other Service Provider | $10,000 | — | $10,000 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $6,071 | — | $6,071 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,324
- Estimated Expense Ratio: 0.815% 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 | $251,115 | $72,316 | — | $10,000 | — |
| 2024 | $145,116 | $75,795 | — | $19,450 | — |
| 2023 | $45,609 | $14,788 | — | $1,811 | — |
| 2022 | $57,110 | $9,780 | — | — | $29,241 |