# Board Of Trustees Licensed Tugmen&#39;S And Pilots&#39; Pension DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-licensed-tugmen-s-and-pilots-pension-366506944-001

> Board Of Trustees Licensed Tugmen&#39;S And Pilots&#39; Pension&#39;s DB plan: 109 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Licensed Tugmen'S And Pilots' Pension

- **Sponsor EIN:** 366506944

- **Sponsor Address:** 20000 HORIZON WAY, MOUNT LAUREL, NJ, 08054

- **Plan Type:** DB

- **Plan Number:** 001

- **Total Participants:** 109

- **Total Assets:** $86,182

## 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|109|$86,182|$0|$0|

| 2023|123|$128,409|$0|$0|

| 2022|127|$106,216|$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|

| BEACON ADMIN AND CONSULTANTS, INC.|Other Service Provider|$25,704|—|$25,704|

| CHEIRON|Other Service Provider|$19,720|—|$19,720|

| LARRY MAGARIK ESQ.|Custodian / Trustee|$14,175|—|$14,175|

| LEGACY PROFESSIONALS LLP|Auditor|$12,000|—|$12,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $71,599

- **Estimated Expense Ratio:** 83.079% 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|$159,979|—|$25,704|$12,000|—|

| 2023|$116,478|—|$25,272|$12,000|—|

| 2022|$117,534|—|$24,420|—|$47,889|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-licensed-tugmen-s-and-pilots-pension-366506944-001)

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