Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Liquor Salesmens Union Local 2 Pension Fund
- Sponsor EIN: 510156423
- Sponsor Address: 100 ST. MARY'S AVENUE, STATEN ISLAND, NY, 10305
- Plan Type: DB
- Total Participants: 333
- Total Assets: $78.5M
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 | 333 | $78.5M | $1.4M | $0 |
| 2023 | 326 | $75.2M | $1.4M | $0 |
| 2022 | 334 | $70.8M | $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 |
|---|---|---|---|---|
| SEGAL MARCO ADVISORS | Other Service Provider | $60,000 | — | $60,000 |
| DAWN DECRISTO | Other Service Provider | $51,074 | — | $51,074 |
| BANK OF NEW YORK MELLON | Other Service Provider | $50,674 | — | $50,674 |
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $49,866 | — | $49,866 |
| PROSKAUER ROSE LLP | ERISA Attorney | $41,209 | — | $41,209 |
| MANNING & NAPIER ADVISORS, LLC | Recordkeeper | $41,134 | — | $41,134 |
| WEAVER AND TIDWELL, L.L.P | Auditor | $35,425 | — | $35,425 |
| FIRST ACTUARIAL CONSULTING, INC. | Actuary | $32,800 | — | $32,800 |
| NORTHERN TRUST | Other Service Provider | $18,935 | — | $18,935 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $6,388 | — | $6,388 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROSKAUER ROSE LLP — ERISA Attorney
- MANNING & NAPIER ADVISORS, LLC — Recordkeeper
- WEAVER AND TIDWELL, L.L.P — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $387,505
- Estimated Expense Ratio: 0.493% 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 | $551,362 | $226,996 | — | $35,425 | — |
| 2023 | $519,506 | $207,017 | — | $34,000 | — |
| 2022 | $631,703 | $222,355 | — | — | $161,539 |