Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 282
- Sponsor EIN: 116276104
- Sponsor Address: 2500 MARCUS AVENUE, LAKE SUCCESS, NY, 110421018
- Plan Type: DC
- Total Participants: 3,993
- Total Assets: $886.6M
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 | 3,993 | $886.6M | $66.3M | $0 |
| 2023 | 3,887 | $839.2M | $61.9M | $0 |
| 2022 | 3,943 | $795.6M | $51.9M | $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 |
|---|---|---|---|---|
| LOCAL 282 WELFARE TRUST FUND | RELATED FUND | $2,015,974 | — | $2,015,974 |
| INTERCONTINENTAL REAL ESTATE CORP | NONE | $415,634 | — | $415,634 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $297,560 | — | $297,560 |
| CRESCENT CAPITAL HIGH INCOME FUND B | NONE | $269,666 | — | $269,666 |
| ULLICO INVESTMENT ADVISORS INC. | NONE | $231,759 | — | $231,759 |
| MACKAY SHIELDS | NONE | $208,013 | — | $208,013 |
| THE UNION LABOR LIFE INSURANCE COMP | NONE | $188,266 | — | $188,266 |
| CHEVY CHASE TRUST COMPANY | NONE | $178,025 | — | $178,025 |
| JPMORGAN CHASE BANK, NATIONAL ASSOC | NONE | $135,610 | — | $135,610 |
| ATALANTA SOSNOFF | NONE | $135,336 | — | $135,336 |
| JOHN SCHMITT | NONE | $123,853 | — | $123,853 |
| TOCQUEVILLE ASSET MANAGEMENT | NONE | $101,981 | — | $101,981 |
| WASHINGTON CAPITAL MANAGEMENT | NONE | $85,339 | — | $85,339 |
| GOULD, KOBRICK & SCHLAPP, P.C. | NONE | $65,000 | — | $65,000 |
| LOCAL 282 PENSION TRUST FUND | RELATED FUND | $63,726 | — | $63,726 |
| QUAN VEST CONSULTANTS | NONE | $54,000 | — | $54,000 |
| M&T BANK | NONE | $39,158 | — | $39,158 |
| THE SEGAL COMPANY | NONE | $35,291 | — | $35,291 |
| J.P. MORGAN INVESTMENT MANAGEMENT | NONE | $11,585 | — | $11,585 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MACKAY SHIELDS — NONE
- THE UNION LABOR LIFE INSURANCE COMP — NONE
- JPMORGAN CHASE BANK, NATIONAL ASSOC — NONE
- GOULD, KOBRICK & SCHLAPP, P.C. — NONE
- M&T BANK — NONE
- J.P. MORGAN INVESTMENT MANAGEMENT — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,655,776
- Estimated Expense Ratio: 0.525% 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 | $3,862,363 | $1,617,628 | — | $45,000 | — |
| 2023 | $3,777,563 | $1,549,872 | — | $45,000 | — |
| 2022 | $2,757,980 | $1,202,164 | — | — | $98,656 |