Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Local 617 Pension Fund
- Sponsor EIN: 237356773
- Sponsor Address: 587 BERGEN BOULEVARD, RIDGEFIELD, NJ, 076570225
- Plan Type: DB
- Plan Number: 001
- Total Participants: 4
- Total Assets: $160.9M
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 | 4 | $160.9M | $227,352 | $0 |
| 2023 | 4 | $162.9M | $401,091 | $0 |
| 2022 | 5 | $165.7M | $123,545 | $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 |
|---|---|---|---|---|
| LOOMIS SAYLES COMPANY | Other Service Provider | $218,612 | — | $218,612 |
| PATRICIA DEPASCALE | Other Service Provider | $126,609 | — | $126,609 |
| FIRST ACTUARIAL CONSULTING TEAM LLC | Other Service Provider | $69,033 | — | $69,033 |
| SLEVIN & HART, P.C. | ERISA Attorney | $60,928 | — | $60,928 |
| GROOM LAW GROUP | ERISA Attorney | $54,643 | — | $54,643 |
| SEGAL MARCO ADVISORS | Other Service Provider | $45,000 | — | $45,000 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $37,670 | — | $37,670 |
| JANEMARIE SCARZAFAVA | Other Service Provider | $32,242 | — | $32,242 |
| MSPC | Auditor | $25,493 | — | $25,493 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $10,592 | — | $10,592 |
| ANTHONY SIDOTI | Custodian / Trustee | $9,000 | — | $9,000 |
| GERALD WESBECKER | Custodian / Trustee | $9,000 | — | $9,000 |
| WILLIAM MCKEEVER | Custodian / Trustee | $9,000 | — | $9,000 |
| BURTON TREBOUR | Custodian / Trustee | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SLEVIN & HART, P.C. — ERISA Attorney
- GROOM LAW GROUP — ERISA Attorney
- MSPC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $715,322
- Estimated Expense Ratio: 0.444% 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 | $1,980,304 | $263,612 | — | $25,493 | — |
| 2023 | $918,099 | $248,988 | — | $7,483 | — |
| 2022 | $610,434 | $72,104 | — | — | $170,625 |