Plan Snapshot
- Plan Sponsor: Board Of Trustees Pension Fund Of Union Of Greater New York Local 306
- Sponsor EIN: 136613842
- Sponsor Address: 303 MERRICK ROAD, LYNBROOK, NY, 11563
- Plan Type: DB
- Total Participants: 19
- Total Assets: $25.3M
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 | 19 | $25.3M | $600,005 | $0 |
| 2023 | 37 | $6.2M | $1.2M | $0 |
| 2022 | 26 | $7.3M | $425,881 | $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 |
|---|---|---|---|---|
| ADMINISTRATIVE SERVICES ONLY, INC | NONE | $96,948 | — | $96,948 |
| THE SEGAL COMPANY | NONE | $88,933 | — | $88,933 |
| SPIVAK LIPTON LLP | UNION ATTORNEY | $51,048 | — | $51,048 |
| STACEY BRAUN | NONE | $45,141 | — | $45,141 |
| GOULD, KOBRICK & SCHLAPP, P.C | NONE | $27,000 | — | $27,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $309,070
- Estimated Expense Ratio: 1.224% 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 | $356,165 | $45,141 | $96,948 | $24,000 | — |
| 2023 | $502,267 | $20,026 | $96,948 | $24,000 | — |
| 2022 | $463,858 | $39,254 | $96,948 | — | $283,888 |