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
- Plan Number: 002
- Total Participants: 920
- Total Assets: $170.9M
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 | 920 | $170.9M | $0 | $0 |
| 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 | Other Service Provider | $174,594 | — | $174,594 |
| COLUMBIA MANAGEMENT INVESTMENT ADVI | Other Service Provider | $170,214 | — | $170,214 |
| NUVEEN ASSET MANAGEMENT | Other Service Provider | $148,657 | — | $148,657 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $127,802 | — | $127,802 |
| VSS STRUCTURED CAPITAL PARALLEL IV | Other Service Provider | $108,247 | — | $108,247 |
| SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $69,098 | — | $69,098 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $67,975 | — | $67,975 |
| ULLICO INFRASTRUCTURE | Other Service Provider | $64,592 | — | $64,592 |
| M & T BANK | Custodian / Trustee | $62,476 | — | $62,476 |
| PROSKAUER ROSE LLP | Other Service Provider | $57,302 | — | $57,302 |
| MADISON INVESTMENT ADVISORS | Other Service Provider | $55,277 | — | $55,277 |
| COLLERAN O'HARA & MILLS LLP | ERISA Attorney | $39,185 | — | $39,185 |
| PRUDENTIAL INSURANCE CO. | Other Service Provider | $34,556 | — | $34,556 |
| CRESCENT CAPITAL HIGH INCOME FUND B | Other Service Provider | $31,254 | — | $31,254 |
| TOCQUEVILLE ASSET MANAGEMENT LP | Other Service Provider | $24,275 | — | $24,275 |
| CRESCENT MEZZANINE PARTNERS VIIB LP | Other Service Provider | $20,352 | — | $20,352 |
| REYNOLDS CONSULTING SERVICES LLC | Other Service Provider | $20,000 | — | $20,000 |
| PRUDENTIAL RETIREMENT & ANNUITY CO. | Other Service Provider | $18,470 | — | $18,470 |
| AMALGAMATED BANK | Other Service Provider | $15,422 | — | $15,422 |
| VSS STRUCTURED CAPITAL PARALLEL III | Other Service Provider | $10,559 | — | $10,559 |
| RBC GLOBAL ASSET MANAGEMENT | Other Service Provider | $9,469 | — | $9,469 |
| UNION LABOR LIFE INSURANCE COMPANY | Other Service Provider | $8,651 | — | $8,651 |
| CIRRUS REAL ESTATE | Other Service Provider | $7,493 | — | $7,493 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,345,920
- Estimated Expense Ratio: 0.787% 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 | $8,469,633 | $908,452 | $174,594 | $64,000 | — |
| 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 |