Plan Snapshot
- Plan Sponsor: Board Of Trustees Local Union No. 25 Legal Plan
- Sponsor EIN: 223032476
- Sponsor Address: 45 SCHOOL STREET, 3RD FLOOR, BOSTON, MA, 02108
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,312
- Total Assets: $527,891
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 | 4,312 | $527,891 | $1.4M | $0 |
| 2023 | 3,759 | $507,834 | $1.3M | $0 |
| 2022 | 3,233 | $494,602 | $1.2M | $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 |
|---|---|---|---|---|
| LAW OFFICES OF REGAN ASSOCIATES CHR | Other Service Provider | $1,402,372 | — | $1,402,372 |
| NOVAK FRANCELLA, LLC | Auditor | $8,250 | — | $8,250 |
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: $1,410,622
- Estimated Expense Ratio: 267.218% 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 | $126,944 | — | $79,869 | $8,250 | — |
| 2023 | $117,292 | — | $73,324 | $8,000 | — |
| 2022 | $106,113 | — | $62,679 | — | $7,000 |