Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 60 Annuity Fund
- Sponsor EIN: 133344192
- Sponsor Address: 140 BROADWAY, HAWTHORNE, NY, 105321104
- Plan Type: DC
- Total Participants: 1,101
- Total Assets: $200.2M
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 | 1,101 | $200.2M | $9.1M | $0 |
| 2023 | 1,026 | $180.8M | $8.9M | $0 |
| 2022 | 1,093 | $160.0M | $8.9M | $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 |
|---|---|---|---|---|
| BOSTON PARTNERS C/O MERRILL LYNCH | INVESTMENT MANAGER | $157,896 | — | $157,896 |
| TOCQUEVILLE ASSET MANAGEMENT LP | INVESTMENT MANAGER | $113,836 | — | $113,836 |
| STACEY BRAUN ASSOCIATES, INC. | INVESTMENT MANAGER | $99,223 | — | $99,223 |
| HUDSON EDGE INVESTMENT PARTNERS INC | INVESTMENT MANAGER | $87,765 | — | $87,765 |
| GLOBAL TRUST COMPANY | INVESTMENT MANAGER | $74,596 | — | $74,596 |
| BARNES, IACCARINO & SHEPHERD LLP | LEGAL | $64,641 | — | $64,641 |
| MERRILL LYNCH | INVESTMENT CONSULTANT | $57,500 | — | $57,500 |
| M&T BANK INST'L RETIREMENT SERVICES | INVESTMENT CUSTODIAN | $48,972 | — | $48,972 |
| CHRISTINE COSTA | PLAN ADMINISTRATOR | $30,660 | — | $30,660 |
| COHEN & STEERS C/O MERRILL LYNCH | INVESTMENT MANAGER | $22,602 | — | $22,602 |
| TPA CORPORATION | COMPUTER CONSULTANT | $11,340 | — | $11,340 |
| CITRIN COOPERMAN & COMPANY, LLP | ACCOUNTANT | $10,497 | — | $10,497 |
| CITRIN COOPERMAN ADVISORS LLC | ACCOUNTANT | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT CONSULTANT
- M&T BANK INST'L RETIREMENT SERVICES — INVESTMENT CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $787,028
- Estimated Expense Ratio: 0.393% 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 | $903,542 | $538,822 | — | $15,000 | — |
| 2023 | $847,996 | $501,407 | — | $16,250 | — |
| 2022 | $801,875 | $577,508 | — | — | $86,135 |