Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 868 Ibt Pension Fund
- Sponsor EIN: 132930439
- Sponsor Address: 22 NORTH TYSON AVENUE, 1ST FLOOR, FLORAL PARK, NY, 11001
- Plan Type: DB
- Plan Number: 001
- Total Participants: 176
- Total Assets: $13.0M
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 | 176 | $13.0M | $316,786 | $0 |
| 2023 | 164 | $12.7M | $270,582 | $0 |
| 2022 | 165 | $11.1M | $601,781 | $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 |
|---|---|---|---|---|
| FIRST ACTUARIAL CONSULTING, INC. | Other Service Provider | $42,200 | — | $42,200 |
| CALIBRE CPA GROUP, PLLC | Auditor | $37,877 | — | $37,877 |
| ARCHER BYINGTON GLENNON, LLP | ERISA Attorney | $18,000 | — | $18,000 |
| SEGAL MARCO ADVISORS | Other Service Provider | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,077
- Estimated Expense Ratio: 0.867% 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 | $208,599 | $18,108 | — | $21,408 | — |
| 2023 | $197,689 | $17,146 | — | $33,278 | — |
| 2022 | $173,214 | $17,239 | — | — | $71,122 |