Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 52
- Sponsor EIN: 134059105
- Sponsor Address: 20000 HORIZON WAY, MOUNT LAUREL, NJ, 08054
- Plan Type: 401(k)
- Total Participants: 5,441
- Total Assets: $561.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,441 | $561.4M | $0 | $28.5M |
| 2023 | 5,406 | $493.8M | $0 | $17.7M |
| 2022 | 5,907 | $424.4M | $0 | $31.4M |
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 |
|---|---|---|---|---|
| BEACON ADMINISTRATORS | Other Service Provider | $200,000 | — | $200,000 |
| SPIVAK LIPTON, LLP | ERISA Attorney | $74,749 | — | $74,749 |
| EMPOWER LIFE & ANNUITY INSURANCE | Recordkeeper | $34,159 | — | $34,159 |
| SEGAL MARCO ADVISORS | Other Service Provider | $32,119 | — | $32,119 |
| ADMINISTRATIVE SERVICES ONLY | Other Service Provider | $30,000 | — | $30,000 |
| THE SEGAL COMPANY | Other Service Provider | $29,855 | — | $29,855 |
| KOBGO ASSOCIATES INC | Other Service Provider | $26,760 | — | $26,760 |
| GOULD, KOBRICK & SCHLAPP, P.C. | Auditor | $25,750 | — | $25,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOULD, KOBRICK & SCHLAPP, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $453,392
- Estimated Expense Ratio: 0.081% 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 | $529,345 | $32,119 | $230,000 | $25,750 | — |
| 2023 | $340,364 | $31,261 | $42,000 | $31,788 | — |
| 2022 | $259,115 | $30,351 | $89,994 | — | $78,680 |