Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 888 Pension Fund
- Sponsor EIN: 136367793
- Sponsor Address: 475 MARKET STREET, SUITE 307, ELMWOOD PARK, NJ, 074070001
- Plan Type: DB
- Total Participants: 42
- Total Assets: $46.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 42 | $46.3M | $425,006 | $0 |
| 2023 | 41 | $50.4M | $483,517 | $0 |
| 2022 | 48 | $59.5M | $497,103 | $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 | $56,272 | — | $56,272 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,272
- Estimated Expense Ratio: 0.122% 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 | $1,358,036 | $34,493 | — | $56,272 | — |
| 2023 | $6,559,230 | $38,412 | — | $56,900 | — |
| 2022 | $1,472,854 | $41,416 | — | — | $398,649 |