Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Asbestos Workers Local 12a Abatement Annuity Plan
- Sponsor EIN: 113517513
- Sponsor Address: 1040 AVE OF THE AMERICAS 24TH FL, NEW YORK, NY, 10018
- Plan Type: DC
- Plan Number: 001
- Total Participants: 299
- Total Assets: $15.6M
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 | 299 | $15.6M | $1.3M | $0 |
| 2023 | 316 | $15.1M | $1.7M | $0 |
| 2022 | 299 | $12.6M | $1.4M | $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 |
|---|---|---|---|---|
| ATALANTA SOSNOFF | Other Service Provider | $61,626 | — | $61,626 |
| COLLERAN OHARA & MILLS | Other Service Provider | $53,031 | — | $53,031 |
| MERRILL LYNCH | Other Service Provider | $47,757 | — | $47,757 |
| DH COOK ASSOCIATES | Other Service Provider | $39,000 | — | $39,000 |
| RAE CONSULTING | Other Service Provider | $30,298 | — | $30,298 |
| JOSEPH M. STERN ASSOCIATES | Other Service Provider | $28,644 | — | $28,644 |
| GOULD KOBRICK & SCHLAPP PC | Auditor | $19,500 | — | $19,500 |
| BISCEGLIE & ASSOCIATES | Other Service Provider | $18,000 | — | $18,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOULD KOBRICK & SCHLAPP PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $297,856
- Estimated Expense Ratio: 1.913% 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 | $324,333 | $61,626 | $39,000 | $19,500 | — |
| 2023 | $325,972 | $53,212 | $39,000 | $19,500 | — |
| 2022 | $297,286 | $84,047 | $39,000 | — | $145,288 |