Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 74 Uswu Pension Fund
- Sponsor EIN: 271247066
- Sponsor Address: 36-36 33RD STREET, SUITE 202, LONG ISLAND CITY, NY, 11106
- Plan Type: DB
- Total Participants: 15
- Total Assets: $12.7M
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 | 15 | $12.7M | $273,421 | $0 |
| 2023 | 57 | $12.1M | $535,537 | $0 |
| 2022 | 49 | $11.1M | $331,356 | $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 |
|---|---|---|---|---|
| CBIZ RETIREMENT PLAN SERVICES, INC | NONE | $31,300 | — | $31,300 |
| REYNOLDS CONSULTING SERVICES LLC | NONE | $24,500 | — | $24,500 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | NONE | $21,431 | — | $21,431 |
| FUIMAN MOGILA, LLP | NONE | $16,000 | — | $16,000 |
| FITZSIMMONS ABRAMS, LLP | NONE | $16,000 | — | $16,000 |
| THE BANK OF NEW YORK MELLON | NONE | $15,000 | — | $15,000 |
| KBA74 BENEFITS AND ADMINISTRATION | NONE | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FITZSIMMONS ABRAMS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,231
- Estimated Expense Ratio: 1.039% 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 | $232,887 | $61,900 | — | $16,000 | — |
| 2023 | $237,660 | $57,984 | — | — | — |
| 2022 | $223,727 | $55,352 | — | — | $69,155 |