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 |
|---|---|---|---|---|
| ADMINISTRATIVE SERVICE PROFESSIONAL | NONE | $2,926,000 | — | $2,926,000 |
| BANNER RIDGE PARTNERS, LP | NONE | — | $2,768,911 | $2,768,911 |
| SIGULER GUFF ADVISERS, LLC | NONE | — | $1,089,055 | $1,089,055 |
| TOCQUEVILLE ASSET MANAGEMENT | NONE | $1,015,593 | — | $1,015,593 |
| FRED ALGER MANAGEMENT, INC. | NONE | $918,041 | — | $918,041 |
| BOSTON PARTNERS | NONE | $754,574 | $11,901 | $766,475 |
| NB ALTERNATIVE ADVISERS, LLC | NONE | — | $662,124 | $662,124 |
| RBC WEALTH MANAGEMENT | NONE | $560,636 | — | $560,636 |
| STEVENS & LEE | NONE | $493,985 | — | $493,985 |
| GOODWIN CAPITAL ADVISERS, INC. | NONE | $462,540 | — | $462,540 |
| ALLIANCE BERNSTEIN, LP | NONE | $332,389 | — | $332,389 |
| MILLMAN USA | NONE | $265,609 | — | $265,609 |
| DCM PRIVATE EQUITY FUND | NONE | $252,143 | — | $252,143 |
| MARKOWITZ & RICHMAN | NONE | $240,210 | — | $240,210 |
| WITHUM SMITH & BROWN | NONE | $169,520 | — | $169,520 |
| PNC BANK | NONE | $132,962 | — | $132,962 |
| NOVAK FRANCELLA, LLC | NONE | $85,000 | — | $85,000 |
| STATE STREET GLOBAL ADVISORS | NONE | $73,376 | — | $73,376 |
| SS&C TECHNOLOGIES, INC. | NONE | $67,500 | — | $67,500 |
| THE BERWYN GROUP | NONE | $48,000 | — | $48,000 |
| WASHINGTON CAPITAL MANAGEMENT, INC. | NONE | $29,619 | — | $29,619 |
| MELLON CAPITAL MANAGEMENT | NONE | $28,923 | — | $28,923 |
| LAPLAYA BEACH & GOLF RESORT | NONE | $25,676 | — | $25,676 |
| DUPONT CAPITAL MANAGEMENT CORP. | NONE | $25,000 | — | $25,000 |
| WILLIAM J. EINHORN | PLAN TRUSTEE | $22,917 | — | $22,917 |
| ZELIS PAYMENTS HOLDINGS, LLC | NONE | $12,246 | — | $12,246 |
| GLASS LEWIS & CO., INC. | NONE | $8,745 | — | $8,745 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — NONE
- STEVENS & LEE — NONE
- MILLMAN USA — NONE
- WITHUM SMITH & BROWN — NONE
- NOVAK FRANCELLA, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,483,195
- Estimated Expense Ratio: 0.505% 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 |