Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 713 Annuity Fund
- Sponsor EIN: 261908711
- Sponsor Address: 555 WESTBURY AVENUE, CARLE PLACE, NY, 115141656
- Plan Type: DC
- Total Participants: 27,615
- Total Assets: $33.8M
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 | 27,615 | $33.8M | $3.2M | $0 |
| 2023 | 25,523 | $28.7M | $3.6M | $0 |
| 2022 | 26,434 | $22.8M | $4.1M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $28,500 | — | $28,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,500
- Estimated Expense Ratio: 0.084% 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 | $448,443 | $230,420 | $36,000 | $28,500 | — |
| 2023 | $407,329 | $180,429 | $36,000 | $23,000 | — |
| 2022 | $396,376 | $174,502 | $36,000 | — | $25,200 |