Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 40 Annuity Fund
- Sponsor EIN: 141514924
- Sponsor Address: 302 KNIGHTS RUN AVE SUITE 1100, TAMPA, FL, 336020000
- Plan Type: DC
- Total Participants: 110
- Total Assets: $11.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 110 | $11.5M | $849,087 | $0 |
| 2023 | 106 | $10.6M | $794,969 | $0 |
| 2022 | 135 | $9.8M | $887,319 | $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 |
|---|---|---|---|---|
| TEAL, BECKER & CHIARAMONTE CPAS, PC | Auditor | $13,550 | — | $13,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEAL, BECKER & CHIARAMONTE CPAS, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,550
- Estimated Expense Ratio: 0.118% 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 | $57,247 | $32,222 | $7,454 | $13,550 | — |
| 2023 | $42,850 | $19,363 | $7,249 | $12,300 | — |
| 2022 | $39,501 | $15,593 | — | — | $14,394 |