Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 381 Pension
- Sponsor EIN: 136119547
- Sponsor Address: 160 MINEOLA BOULEVARD, MINEOLA, NY, 11501
- Plan Type: DB
- Total Participants: 64
- Total Assets: $104.3M
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 | 64 | $104.3M | $55,444 | $0 |
| 2023 | 59 | $104.7M | $53,282 | $0 |
| 2022 | 123 | $107.7M | $87,859 | $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, LLP | Auditor | $29,600 | — | $29,600 |
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: $29,600
- Estimated Expense Ratio: 0.028% 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 | $1,068,109 | $575,125 | — | $29,600 | — |
| 2023 | $1,090,772 | $591,351 | — | $28,700 | — |
| 2022 | $1,189,897 | $665,881 | — | — | $109,713 |