# Asbestos Workers Local 42 Pension Fund DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-asbestos-workers-local-42-pension-fund-plan

> Asbestos Workers Local 42 Pension Fund's DB plan: 113 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Asbestos Workers Local 42 Pension Fund

- **Sponsor EIN:** 516011235

- **Sponsor Address:** PHOENIX BENEFIT ADMINISTRATORS, LLC, SOUTHEASTERN, PA, 193991687

- **Plan Type:** DB

- **Total Participants:** 113

- **Total Assets:** $38.7M

## 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|113|$38.7M|$3.2M|$0|

| 2023|104|$36.7M|$3.0M|$0|

| 2022|100|$36.0M|$2.4M|$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|

| BACHELER & COMPANY PC|Auditor|$21,193|—|$21,193|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $21,193

- **Estimated Expense Ratio:** 0.055% 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|$308,350|$145,535|$62,959|$21,193|—|

| 2023|$292,427|$134,309|$64,901|$20,945|—|

| 2022|$391,829|$226,915|$63,086|—|$70,873|

## Similar Plans

- [Rhombus Services LLC Dba Brandpoint Services](https://planprovider.pro/companies/rhombus-services-llc-dba-brandpoint-services-plan-001) — 115 participants

- [Trustees Of Laborers' Local 130 Pension Fund](https://planprovider.pro/companies/trustees-of-laborers-local-130-pension-fund-plan) — 116 participants

- [Allison Crane & Rigging, LLC](https://planprovider.pro/companies/allison-crane-rigging-llc-401k-plan) — 120 participants

- [Abel Construction Co., INC.](https://planprovider.pro/companies/abel-construction-co-inc-401k-plan) — 122 participants

- [E.K. Services, INC.](https://planprovider.pro/companies/e-k-services-inc-401k-plan) — 101 participants

- [Vibra-Tech Engineers, INC.](https://planprovider.pro/companies/vibra-tech-engineers-inc-plan) — 98 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-asbestos-workers-local-42-pension-fund-plan)

© 2026 PlanProvider.Pro