Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Local 814 Pension Fund
- Sponsor EIN: 116234358
- Sponsor Address: 810 BELMONT AVENUE, NORTH HALEDON, NJ, 07508
- Plan Type: DB
- Total Participants: 379
- Total Assets: $92.8M
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 | 379 | $92.8M | $5.5M | $0 |
| 2023 | 393 | $90.9M | $5.8M | $0 |
| 2022 | 406 | $86.7M | $7.5M | $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 |
|---|---|---|---|---|
| NORTHERN NJ TEAMSTERS BENEFIT PLAN | NONE | $141,804 | — | $141,804 |
| JPMORGAN CHASE BANK, NA | NONE | $120,978 | — | $120,978 |
| SEGAL MARCO ADVISORS | NONE | $100,000 | — | $100,000 |
| THE SEGAL COMPANY (EASTERN STATES) | NONE | $76,000 | — | $76,000 |
| CALIBRE CPA GROUP, PLLC | AUDITOR | $61,019 | — | $61,019 |
| COHEN WEISS AND SIMON LLP | LEGAL COUNSEL | $49,907 | — | $49,907 |
| NORTHERN TRUST CORPORATION | NONE | $25,844 | — | $25,844 |
| SCHULTHEIS AND PANETTIERI LLP | NONE | $14,809 | — | $14,809 |
| FITZSIMMONS AND ABRAMS, LLP | NONE | $9,413 | — | $9,413 |
| PITTA LLP | NONE | $8,470 | — | $8,470 |
| SEGAL SELECT INSURANCE SERVICES | NONE | — | $6,914 | $6,914 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN CHASE BANK, NA — NONE
- CALIBRE CPA GROUP, PLLC — AUDITOR
- SCHULTHEIS AND PANETTIERI LLP — NONE
- FITZSIMMONS AND ABRAMS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $615,158
- Estimated Expense Ratio: 0.663% 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 | $625,306 | $125,844 | $141,804 | $38,843 | — |
| 2023 | $891,914 | $437,727 | $137,676 | $38,548 | — |
| 2022 | $1,008,312 | $456,569 | $133,668 | — | $291,812 |