Plan Snapshot
- Plan Sponsor: Board Of Trustees Pension Fund Of Heat And Frost Insulators Local 12
- Sponsor EIN: 516045262
- Sponsor Address: 35-53 24TH STREET, LONG ISLAND CITY, NY, 11106
- Plan Type: DB
- Total Participants: 391
- Total Assets: $155.4M
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 | 391 | $155.4M | $4.4M | $0 |
| 2023 | 413 | $140.8M | $4.2M | $0 |
| 2022 | 481 | $125.9M | $4.6M | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $62,050 | — | $62,050 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,050
- Estimated Expense Ratio: 0.040% 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 | $1,637,869 | $854,047 | $169,510 | $62,050 | — |
| 2023 | $1,223,612 | $620,434 | $110,240 | $93,595 | — |
| 2022 | $1,424,653 | $917,913 | — | — | $241,774 |