Plan Snapshot
- Plan Sponsor: Board Of Trustees Mcasf Local 725 Defined Contribution Retirement Plan
- Sponsor EIN: 582490173
- Sponsor Address: 15800 PINES BOULEVARD, PEMBROKE PINES, FL, 33027
- Plan Type: DC
- Total Participants: 841
- Total Assets: $71.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 841 | $71.9M | $1.8M | $1.3M |
| 2023 | 633 | $64.9M | $1.8M | $1.2M |
| 2022 | 599 | $57.0M | $1.6M | $992,327 |
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 |
|---|---|---|---|---|
| MCASF LOCAL 725 SERVICE CORP | CAPTIVE SERVICE PROVIDER | $142,334 | — | $142,334 |
| ULLICO INVESTMENT ADVISORS INC. | NONE KNOWN | $88,216 | — | $88,216 |
| PLANTE & MORAN, PLLC | NONE KNOWN | $47,950 | — | $47,950 |
| KARPUS MANAGEMENT, INC. | NONE KNOWN | $47,609 | — | $47,609 |
| BNY MELLON INVESTMENT ADVISER, INC. | NONE KNOWN | $42,655 | — | $42,655 |
| NEPC, LLC | NONE KNOWN | $35,239 | — | $35,239 |
| INTERCONTINENTAL REAL ESTATE CORP. | NONE KNOWN | $35,120 | — | $35,120 |
| CHARTWELL INVESTMENT PARTNERS, LLC | NONE KNOWN | $23,636 | — | $23,636 |
| HESSIAN & MCKASY, PA | NONE KNOWN | $23,233 | — | $23,233 |
| LOOMIS SAYLES TRUST COMPANY | NONE KNOWN | $20,133 | — | $20,133 |
| U.S. BANK NATIONAL ASSOCIATION | NONE KNOWN | $13,844 | — | $13,844 |
| SAWGRASS ASSET MANAGEMENT LLC | NONE KNOWN | $11,577 | — | $11,577 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — NONE KNOWN
- NEPC, LLC — NONE KNOWN
- U.S. BANK NATIONAL ASSOCIATION — NONE KNOWN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $531,546
- Estimated Expense Ratio: 0.739% 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 | $557,728 | $305,306 | $141,600 | $47,950 | — |
| 2023 | $536,237 | $280,286 | $132,000 | $52,640 | — |
| 2022 | $486,657 | $244,679 | $144,000 | — | $63,338 |