Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 456 Pension Fund
- Sponsor EIN: 136123973
- Sponsor Address: 160 SOUTH CENTRAL AVENUE, ELMSFORD, NY, 105233509
- Plan Type: DB
- Total Participants: 868
- Total Assets: $265.9M
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 | 868 | $265.9M | $8.2M | $0 |
| 2023 | 914 | $241.3M | $8.8M | $0 |
| 2022 | 983 | $219.4M | $9.1M | $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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | $56,871 | — | $56,871 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,871
- Estimated Expense Ratio: 0.021% 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 | $2,717,906 | $865,705 | — | $56,871 | — |
| 2023 | $2,120,263 | $767,136 | — | $56,416 | — |
| 2022 | $1,968,606 | $713,577 | — | — | $322,887 |