Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Road Carriers Local 707 Pension Fund
- Sponsor EIN: 516106510
- Sponsor Address: 14 FRONT STREET, HEMPSTEAD, NY, 115503602
- Plan Type: DB
- Total Participants: 133
- Total Assets: $663.5M
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. |
|---|---|---|---|---|
| 2025 | 133 | $663.5M | $0 | $0 |
| 2024 | 520 | $689.4M | $0 | $0 |
| 2023 | 686 | $680.4M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $55,000 | — | $55,000 |
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: $55,000
- Estimated Expense Ratio: 0.008% 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 |
|---|---|---|---|---|---|
| 2025 | $2,711,910 | $1,208,486 | — | $55,000 | — |
| 2024 | $1,999,713 | $839,631 | — | $78,000 | — |
| 2023 | $1,677,315 | $365,323 | — | — | $312,145 |