Plan Snapshot
- Plan Sponsor: Board Of Trustees Iuoe Local 98 Pension Plan
- Sponsor EIN: 046127765
- Sponsor Address: 40 HUDSON DRIVE, P.O. BOX 1290, SOUTHWICK, MA, 010771290
- Plan Type: DB
- Total Participants: 648
- Total Assets: $215.4M
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 | 648 | $215.4M | $12.9M | $0 |
| 2023 | 644 | $203.0M | $13.0M | $0 |
| 2022 | 654 | $184.3M | $13.1M | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI | Auditor | $54,000 | — | $54,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,000
- Estimated Expense Ratio: 0.025% 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 | $821,426 | $212,304 | — | $54,000 | — |
| 2023 | $837,626 | $220,383 | — | $52,000 | — |
| 2022 | $761,077 | $254,672 | — | — | $190,920 |