Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Bricklayers & Stonemasons Local 5 Annuity Fund
- Sponsor EIN: 236535428
- Sponsor Address: 20 BRACE ROAD, STE 114, CHERRY HILL, NJ, 080342635
- Plan Type: DC
- Plan Number: 001
- Total Participants: 83
- Total Assets: $14.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 83 | $14.6M | $720,521 | $0 |
| 2023 | 74 | $13.6M | $489,834 | $0 |
| 2022 | 96 | $13.1M | $529,027 | $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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $54,893 | — | $54,893 |
| BENEFIT PROCESSING, INC | Other Service Provider | $37,988 | — | $37,988 |
| WELLS FARGO CLEARING SERVICES LLC | Other Service Provider | — | $29,524 | $29,524 |
| ODONOGHUE & ODONOGHUE | Other Service Provider | $11,369 | — | $11,369 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,774
- Estimated Expense Ratio: 0.916% 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 | $108,473 | $54,893 | $37,988 | — | — |
| 2023 | $116,765 | $46,168 | $25,633 | $8,250 | — |
| 2022 | $80,015 | $40,337 | $12,000 | — | $20,990 |