Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Pension Trust Fund Of Philadelphia & Vi
- Sponsor EIN: 231511735
- Sponsor Address: 2500 MCCLELLAN AVENUE, SUITE 140, PENNSAUKEN, NJ, 081090001
- Plan Type: DB
- Total Participants: 7,961
- Total Assets: $2.7B
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 | 7,961 | $2.7B | $166.5M | $770,057 |
| 2023 | 8,608 | $2.4B | $167.5M | $824,023 |
| 2022 | 10,032 | $2.2B | $169.3M | $705,449 |
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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $254,520 | — | $254,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,520
- Estimated Expense Ratio: 0.010% 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 | $10,851,070 | $4,877,976 | $2,926,000 | $254,520 | — |
| 2023 | $12,466,965 | $5,549,833 | $2,515,000 | $89,960 | — |
| 2022 | $9,681,448 | $5,642,815 | $2,376,000 | — | $490,752 |