Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The 32bj School Workers Pension Fund
- Sponsor EIN: 131957585
- Sponsor Address: 25 WEST 18TH STREET, NEW YORK, NY, 100114676
- Plan Type: DB
- Total Participants: 5,425
- Total Assets: $565.2M
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 | 5,425 | $565.2M | $0 | $0 |
| 2023 | 5,675 | $514.6M | $0 | $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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | $68,500 | — | $68,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,500
- Estimated Expense Ratio: 0.012% 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 | $3,875,099 | $1,504,258 | $912,688 | $68,500 | — |
| 2023 | $3,953,448 | $1,452,842 | — | — | $545,773 |