Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Smw Lu No. 28 Annuity Fund
- Sponsor EIN: 133073165
- Sponsor Address: 195 MINEOLA BLVD., MINEOLA, NY, 115012524
- Plan Type: DC
- Total Participants: 3,683
- Total Assets: $589.6M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,683 | $589.6M | $24.1M | $0 |
| 2023 | 3,756 | $571.5M | $24.5M | $0 |
| 2022 | 3,817 | $541.4M | $26.3M | $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 |
|---|---|---|---|---|
| RASHANNA JOHNSON | Other Service Provider | $74,174 | — | $74,174 |
| CALIBRE CPA GROUP, PLLC | Auditor | $59,028 | — | $59,028 |
| GLEN CAMISA | Other Service Provider | $51,383 | — | $51,383 |
| REYNOLDS CONSULTING SERVICES | Other Service Provider | $35,200 | — | $35,200 |
| COLLERAN, O'HARA & MILLS LLP | Other Service Provider | $34,931 | — | $34,931 |
| CARLOS ANDRADE | Other Service Provider | $31,009 | — | $31,009 |
| ROBERT KATUNA | Other Service Provider | $28,792 | — | $28,792 |
| DATA RESEARCH GROUP | Other Service Provider | $22,941 | — | $22,941 |
| PROSKAUER ROSE LLP | ERISA Attorney | $20,353 | — | $20,353 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $19,765 | — | $19,765 |
| FLEXIBLE BUSINESS SYSTEMS | Other Service Provider | $15,446 | — | $15,446 |
| SYNTONIC SYSTEM, INC | Other Service Provider | $7,220 | — | $7,220 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
- PROSKAUER ROSE LLP — ERISA Attorney
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $400,242
- Estimated Expense Ratio: 0.068% 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 | $755,208 | $56,073 | — | $30,900 | — |
| 2023 | $718,294 | $52,139 | — | $30,900 | — |
| 2022 | $696,084 | $55,302 | — | — | $136,268 |