Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 1298 Annuity Fund
- Sponsor EIN: 112911064
- Sponsor Address: 681 FULTON AVENUE, HEMPSTEAD, NY, 115504556
- Plan Type: DC
- Total Participants: 1,479
- Total Assets: $269.2M
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 | 1,479 | $269.2M | $0 | $0 |
| 2023 | 1,482 | $250.4M | $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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY LLP | Auditor | $33,960 | — | $33,960 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,960
- Estimated Expense Ratio: 0.013% 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 | $2,007,406 | $321,896 | — | $33,960 | — |
| 2023 | $1,952,901 | $1,539,322 | — | — | $96,547 |