Plan Snapshot
- Plan Sponsor: Board Of Trustees Iuoe Local 478 Annuity Fund
- Sponsor EIN: 061230516
- Sponsor Address: 1965 DIXWELL AVENUE, HAMDEN, CT, 065142400
- Plan Type: DC
- Total Participants: 3,617
- Total Assets: $377.3M
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. |
|---|---|---|---|---|
| 2024 | 3,617 | $377.3M | $17.2M | $3.3M |
| 2023 | 4,899 | $340.4M | $15.5M | $2.9M |
| 2022 | 4,723 | $297.1M | $13.6M | $3.0M |
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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $40,000 | — | $40,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,000
- Estimated Expense Ratio: 0.011% 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 | $1,084,997 | $44,000 | $254,645 | $40,000 | — |
| 2023 | $1,023,110 | — | — | — | — |
| 2022 | $976,362 | $44,000 | — | — | $141,292 |