Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 812 Annuity Fund
- Sponsor EIN: 874819968
- Sponsor Address: 445 NORTHERN BLVD. STE 30, GREAT NECK, NY, 11021
- Plan Type: DC
- Total Participants: 2,173
- Total Assets: $34.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,173 | $34.3M | $8.9M | $2.2M |
| 2023 | 2,289 | $21.7M | $8.6M | $478,977 |
| 2022 | 2,285 | $10.9M | $10.5M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $136,271 | — | $136,271 |
| MARSHALL AND MOSS, LLP | NONE | $100,367 | — | $100,367 |
| PROSKAUER ROSE, LLP | NONE | $60,000 | — | $60,000 |
| CARY KANE, LLP | NONE | $60,000 | — | $60,000 |
| NOVAK FRANCELLA, LLC | NONE | $30,300 | — | $30,300 |
| WITHUMSMITH & BROWN PC | NONE | $10,370 | — | $10,370 |
| QUAN-VEST CONSULTANTS, INC. | NONE | $8,040 | — | $8,040 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — NONE
- WITHUMSMITH & BROWN PC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $405,348
- Estimated Expense Ratio: 1.181% 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 | $434,921 | $66,069 | $78,243 | $18,600 | — |
| 2023 | $472,138 | $34,847 | $128,371 | $28,384 | — |
| 2022 | $150,903 | $3,344 | $44,181 | — | $92,350 |