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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | NONE | $169,510 | — | $169,510 |
| COLUMBIA MANAGEMENT INVESTMENT ADVI | NONE | $160,802 | — | $160,802 |
| NUVEEN ASSET MANAGEMENT | NONE | $152,984 | — | $152,984 |
| PROSKAUER ROSE LLP | NONE | $135,962 | — | $135,962 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | NONE | $126,846 | — | $126,846 |
| SEGAL COMPANY (EASTERN STATES) | NONE | $117,390 | — | $117,390 |
| VSS STRUCTURED CAPITAL PARALLEL IV | NONE | $101,987 | — | $101,987 |
| M & T BANK | INVESTMENT CUSTODIAN | $67,426 | — | $67,426 |
| SCHULTHEIS & PANETTIERI, LLP | AUDITOR | $66,650 | — | $66,650 |
| ULLICO INFRASTRUCTURE | NONE | $62,993 | — | $62,993 |
| COLLERAN O'HARA & MILLS LLP | ATTORNEY | $37,712 | — | $37,712 |
| RBC GLOBAL ASSET MANAGEMENT | NONE | $37,292 | — | $37,292 |
| PRUDENTIAL INSURANCE CO. | NONE | $33,782 | — | $33,782 |
| CRESCENT MEZZANINE PARTNERS VIIB LP | NONE | $33,755 | — | $33,755 |
| CRESCENT CAPITAL HIGH INCOME FUND B | NONE | $29,343 | — | $29,343 |
| PRUDENTIAL RETIREMENT & ANNUITY CO. | NONE | $22,505 | — | $22,505 |
| TOCQUEVILLE ASSET MANAGEMENT LP | NONE | $22,094 | — | $22,094 |
| REYNOLDS CONSULTING SERVICES LLC | NONE | $14,141 | — | $14,141 |
| UNION LABOR LIFE INSURANCE COMPANY | NONE | $8,230 | — | $8,230 |
| MADISON INVESTMENT ADVISORS | NONE | $8,017 | — | $8,017 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROSKAUER ROSE LLP — NONE
- M & T BANK — INVESTMENT CUSTODIAN
- SCHULTHEIS & PANETTIERI, LLP — AUDITOR
- RBC GLOBAL ASSET MANAGEMENT — NONE
- PRUDENTIAL INSURANCE CO. — NONE
- UNION LABOR LIFE INSURANCE COMPANY — NONE
- MADISON INVESTMENT ADVISORS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,409,421
- Estimated Expense Ratio: 0.907% 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 |