Plan Snapshot
- Plan Sponsor: International Union Of Operating Enginne Local 295 401k Plan
- Sponsor EIN: 933896612
- Sponsor Address: 61-04 MAURICE AVENUE, MASPETH, NY, 113781228
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $4.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 220 | $4.8M | $274,155 | $266,464 |
| 2023 | 233 | $4.0M | $124,111 | $77,327 |
| 2022 | 118 | $73,249 | $66,433 | $22,075 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | TPA | $30,308 | — | $30,308 |
| FITZSIMMONS ABRAMS, LLP | NONE | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — TPA
- FITZSIMMONS ABRAMS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,308
- Estimated Expense Ratio: 0.801% 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 | $107,263 | $61,603 | — | $8,000 | — |
| 2023 | $29,079 | — | $25,440 | — | — |
| 2022 | $15,202 | — | $14,179 | — | — |