Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Nurses And Local 813 Ibt Retirement Plan
- Sponsor EIN: 133628926
- Sponsor Address: 48-18 VAN DAM STREET, SUITE 201, LONG ISLAND CITY, NY, 111013107
- Plan Type: DB
- Total Participants: 2,162
- Total Assets: $613.1M
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 | 2,162 | $613.1M | $9.8M | $0 |
| 2023 | 2,716 | $619.2M | $17.7M | $0 |
| 2022 | 2,649 | $589.4M | $13.7M | $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 |
|---|---|---|---|---|
| LOCAL 813 PENSION TRUST FUND | Other Service Provider | $1,149,042 | — | $1,149,042 |
| BOYD WATTERSON ASSET MGMT, LLC | Other Service Provider | $626,157 | — | $626,157 |
| COHEN, WEISS & SIMON, LLP | Other Service Provider | $494,339 | — | $494,339 |
| PROSKAUER ROSE, LLP | Other Service Provider | $370,125 | — | $370,125 |
| SILVERCREST ASSET MANAGEMENT GROUP | Other Service Provider | $322,916 | — | $322,916 |
| FIRST ACTUARIAL CONSULTING INC | Other Service Provider | $270,231 | — | $270,231 |
| DSM CAPITAL PARTNERS LLC | Other Service Provider | $241,566 | — | $241,566 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $170,926 | — | $170,926 |
| HARDING LOEVNER LP | Investment Advisor | $158,035 | — | $158,035 |
| POLEN CAPITAL MANAGEMENT LLC | Other Service Provider | $140,614 | — | $140,614 |
| STERLING CAPITAL MANAGEMENT LLC | Other Service Provider | $136,999 | — | $136,999 |
| QUAN-VEST CONSULTANTS, INC. | Other Service Provider | $135,000 | — | $135,000 |
| NEW ENGLAND PENSION CONSULTANTS | Recordkeeper | $125,000 | — | $125,000 |
| CALIBRE CPA GROUP, PLLC | Auditor | $75,712 | — | $75,712 |
| UNIPLAN INVESTMENT COUNSEL, INC. | Other Service Provider | $31,382 | — | $31,382 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $28,846 | $28,846 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HARDING LOEVNER LP — Investment Advisor
- NEW ENGLAND PENSION CONSULTANTS — Recordkeeper
- 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: $4,476,890
- Estimated Expense Ratio: 0.730% 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 | $5,495,198 | $2,331,271 | $1,230,051 | $75,712 | — |
| 2023 | $5,060,539 | $2,385,691 | $1,209,744 | $75,660 | — |
| 2022 | $5,029,379 | $2,557,295 | $989,423 | — | $609,397 |