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 |
|---|---|---|---|---|
| THE SEGAL COMPANY, INC. | Actuary | $167,973 | — | $167,973 |
| ROSALBA PEREZ | Recordkeeper | $131,820 | — | $131,820 |
| SLEVIN & HART, P.C. | ERISA Attorney | $121,955 | — | $121,955 |
| JEAN EDY JOSEPH | Other Service Provider | $61,158 | — | $61,158 |
| YESENIA MARES | Other Service Provider | $53,571 | — | $53,571 |
| NELSY RODRIGUEZ | Other Service Provider | $42,234 | — | $42,234 |
| LOUVINA GREENAWAY | Other Service Provider | $32,693 | — | $32,693 |
| NEPC, LLC | Investment Advisor | $32,318 | — | $32,318 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $28,838 | — | $28,838 |
| LOURDES LANZOT | Other Service Provider | $28,268 | — | $28,268 |
| CITRIN COOPERMAN & COMPANY, LLP | Other Service Provider | $28,072 | — | $28,072 |
| TPA CORPORATION | Other Service Provider | $24,000 | — | $24,000 |
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SLEVIN & HART, P.C. — ERISA Attorney
- NEPC, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $767,900
- Estimated Expense Ratio: 1.658% 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 |