Plan Snapshot
- Plan Sponsor: Board Of Trustees Mason Tenders District Council Annuity Fund
- Sponsor EIN: 136358540
- Sponsor Address: 520 EIGHTH AVENUE, SUITE 600, NEW YORK, NY, 100184196
- Plan Type: DC
- Total Participants: 11,080
- Total Assets: $944.3M
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 | 11,080 | $944.3M | $89.6M | $0 |
| 2023 | 11,824 | $913.0M | $91.2M | $0 |
| 2022 | 11,237 | $836.9M | $91.8M | $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 |
|---|---|---|---|---|
| MTDC WELFARE FUND | Other Service Provider | $2,957,198 | — | $2,957,198 |
| INVESCO TRUST COMPANY | Other Service Provider | $362,644 | — | $362,644 |
| WESTERN ASSET MGMT. CO, LLC | Other Service Provider | $259,751 | — | $259,751 |
| LAZARD ASSET MANAGEMENT, LLC | Other Service Provider | $218,265 | — | $218,265 |
| POLEN CAPITAL MANAGEMENT, LLC | Other Service Provider | $152,565 | — | $152,565 |
| STATE STREET BANK & TRUST COMPANY | Other Service Provider | $119,954 | — | $119,954 |
| PROSKAUER ROSE LLP | ERISA Attorney | $98,915 | — | $98,915 |
| JANUS HENDERSON INVESTORS US LLC | Other Service Provider | $97,203 | — | $97,203 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $86,040 | — | $86,040 |
| WILLIAM BLAIR INVESTMENT MGMT, LLC | Other Service Provider | $83,221 | — | $83,221 |
| THE SEGAL CO. (EASTERN STATES), INC | Other Service Provider | $81,517 | — | $81,517 |
| REAMS ASSET MANAGEMENT CO. LLC | Other Service Provider | $66,989 | — | $66,989 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $65,450 | — | $65,450 |
| SEGAL SELECT INSURANCE SVCS, INC. | Other Service Provider | — | $31,891 | $31,891 |
| TRUE TYPE PRINTING COMPANY, INC. | Other Service Provider | $22,482 | — | $22,482 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROSKAUER ROSE LLP — ERISA Attorney
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,704,085
- Estimated Expense Ratio: 0.498% 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 | $4,847,346 | $1,326,678 | — | $62,000 | — |
| 2023 | $4,779,797 | $1,344,390 | — | $59,300 | — |
| 2022 | $4,492,639 | $1,418,369 | — | — | $901,423 |