Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Local 259 Pensi Pension Fund
- Sponsor EIN: 136115077
- Sponsor Address: 140 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ, 076320000
- Plan Type: DB
- Total Participants: 908
- Total Assets: $141.7M
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 | 908 | $141.7M | $3.3M | $0 |
| 2023 | 917 | $133.1M | $3.8M | $0 |
| 2022 | 950 | $124.1M | $3.2M | $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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | PERF. SVCS. FOR REL PLAN | $289,752 | — | $289,752 |
| ASB CAPITAL MANAGEMENT, LLC | NONE | $147,993 | — | $147,993 |
| THE SEGAL COMPANY(EASTERN STATES)IN | PERF. SVCS. FOR REL PLAN | $115,448 | — | $115,448 |
| WEAVER AND TIDWELL, LLP | PERF. SVCS. FOR REL PLAN | $62,062 | — | $62,062 |
| TARTER KRINSKY & DROGIN | PERF. SVCS. FOR REL PLAN | $50,000 | — | $50,000 |
| CLEARY, JOSEM & TRIGIANI LLP | SERV. REL. PLAN & UNION | $47,484 | — | $47,484 |
| AMALGAMATED BANK OF NEW YORK | PERF. SVCS. FOR REL PLAN | $42,591 | — | $42,591 |
| SEGAL MARCO ADVISORS | NONE | $38,750 | — | $38,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — PERF. SVCS. FOR REL PLAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $794,080
- Estimated Expense Ratio: 0.560% 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 | $1,027,443 | $223,973 | $289,752 | $62,062 | — |
| 2023 | $1,023,753 | $253,751 | $289,752 | $56,895 | — |
| 2022 | $1,053,355 | $334,915 | $289,752 | — | $210,635 |