Plan Snapshot
- Plan Sponsor: Board Of Trustees Mcasf Local 725 Pension Trust Fund
- Sponsor EIN: 596123621
- Sponsor Address: 15800 PINES BOULEVARD, PEMBROKE PINES, FL, 33027
- Plan Type: DB
- Total Participants: 1,016
- Total Assets: $235.5M
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 | 1,016 | $235.5M | $9.9M | $0 |
| 2023 | 982 | $220.1M | $9.3M | $0 |
| 2022 | 920 | $199.2M | $8.5M | $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 |
|---|---|---|---|---|
| MCASF LOCAL 725 SERVICE CORP | CAPTIVE SERVICE PROVIDER | $264,000 | — | $264,000 |
| KARPUS MANAGEMENT, INC. | NONE KNOWN | $187,952 | — | $187,952 |
| BNY MELLON | NONE KNOWN | $135,139 | — | $135,139 |
| NEPC, LLC | NONE KNOWN | $132,145 | — | $132,145 |
| ULLICO INVESTMENT ADVISORS INC. | NONE KNOWN | $119,016 | — | $119,016 |
| LOOMIS SAYLES TRUST COMPANY | NONE KNOWN | $70,020 | — | $70,020 |
| HORIZON ACTUARIAL SERVICES, LLC | NONE KNOWN | $61,843 | — | $61,843 |
| PLANTE & MORAN, PLLC | NONE KNOWN | $56,565 | — | $56,565 |
| HESSIAN & MCKASY, PA | NONE KNOWN | $54,865 | — | $54,865 |
| CHARTWELL INVESTMENT PARTNERS, LLC | NONE KNOWN | $52,642 | — | $52,642 |
| U.S. BANK NATIONAL ASSOCIATION | NONE KNOWN | $39,901 | — | $39,901 |
| SAWGRASS ASSET MANAGEMENT LLC | NONE KNOWN | $37,205 | — | $37,205 |
| PENSION BENEFIT INFORMATION LLC | NONE KNOWN | $26,952 | — | $26,952 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | NONE KNOWN | $6,359 | — | $6,359 |
| AMERICAN GRAPHICS PRINTING CO. | NONE KNOWN | $5,335 | — | $5,335 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC, LLC — NONE KNOWN
- PLANTE & MORAN, PLLC — 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: $1,249,939
- Estimated Expense Ratio: 0.531% 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 | $1,364,658 | $738,910 | $264,000 | $56,565 | — |
| 2023 | $1,345,332 | $744,856 | $252,000 | $59,699 | — |
| 2022 | $1,076,703 | $621,110 | $270,000 | — | $157,473 |