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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,000
- Estimated Expense Ratio: 0.007% 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 |