Plan Snapshot
- Plan Sponsor: Board Of Trustees Pension Plan Of Steamfitters Pension Fund Local 475
- Sponsor EIN: 226029738
- Sponsor Address: 136 MOUNT BETHEL ROAD, WARREN, NJ, 070595129
- Plan Type: DB
- Total Participants: 451
- Total Assets: $198.3M
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 | 451 | $198.3M | $8.4M | $0 |
| 2023 | 464 | $182.1M | $9.4M | $0 |
| 2022 | 451 | $165.9M | $7.7M | $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 |
|---|---|---|---|---|
| CRESCENT CAPITAL GROUP LP | Investment Advisor | $155,638 | — | $155,638 |
| ULLICO INVESTMENT ADVISORS INC. | Investment Advisor | $123,022 | — | $123,022 |
| CONSTITUTION CAPITAL PARTNERS | Investment Advisor | $105,481 | — | $105,481 |
| CLEARBRIDGE INVESTMENTS | Investment Advisor | $62,912 | — | $62,912 |
| FENIMORE ASSET MANAGEMENT, INC. | Investment Advisor | $60,593 | — | $60,593 |
| LOOMIS, SAYLES & COMPANY, L.P. | Investment Advisor | $58,666 | — | $58,666 |
| BOLTON PARTNERS INC | Actuary | $43,000 | — | $43,000 |
| NEWTOWER TRUST COMPANY | Investment Advisor | $39,617 | — | $39,617 |
| EAGLE ASSET MANAGEMENT | Investment Advisor | $34,501 | — | $34,501 |
| MSPC CPA'S AND ADVISORS, P.C. | Auditor | $33,775 | — | $33,775 |
| AMALGAMATED BANK | Custodian / Trustee | $19,551 | — | $19,551 |
| LINDABURY, MCCORMICK, ESTABROOK | ERISA Attorney | $18,209 | — | $18,209 |
| LARRY MAGARIK, ESQ | ERISA Attorney | $17,860 | — | $17,860 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $5,487 | — | $5,487 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CPA'S AND ADVISORS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $778,312
- Estimated Expense Ratio: 0.392% 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 | $1,276,268 | $681,417 | — | $33,775 | — |
| 2023 | $1,178,464 | $632,849 | — | $32,711 | — |
| 2022 | $1,054,439 | $605,724 | — | — | $114,698 |