Plan Snapshot
- Plan Sponsor: Board Of Trustees
- Sponsor EIN: 136188644
- Sponsor Address: 889 BROADWAY, BAYONNE, NJ, 07002
- Plan Type: DB
- Total Participants: 197
- Total Assets: $52.7M
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 | 197 | $52.7M | $1.5M | $0 |
| 2023 | 198 | $48.3M | $1.5M | $0 |
| 2022 | 206 | $43.4M | $2.0M | $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 |
|---|---|---|---|---|
| THE LAMBOS FIRM, LLP | Other Service Provider | $66,000 | — | $66,000 |
| FUIMAN MOGILLA LLP | Other Service Provider | $66,000 | — | $66,000 |
| BOYD WATTERSON GSA FUND, LP | Other Service Provider | — | $49,955 | $49,955 |
| REYNOLDS CONSULTING SERVICES, LLC | Other Service Provider | $41,129 | — | $41,129 |
| PRINCIPAL ENHANCED PROPERTY FD., LP | Other Service Provider | — | $37,672 | $37,672 |
| MRG ACTUARIAL SERVICES | Actuary | $35,000 | — | $35,000 |
| BANK OF NEW YORK MELLON | Custodian / Trustee | $33,795 | — | $33,795 |
| MOHAMED ARBAB | Recordkeeper | $22,000 | — | $22,000 |
| DESENA & COMPANY CPAS | Auditor | $18,120 | — | $18,120 |
| ULLICO INFRASTRUCTURE TAX-EXEMPT FD | Other Service Provider | — | $13,048 | $13,048 |
| RICHARD ROSSIELLO | Recordkeeper | $12,000 | — | $12,000 |
| KATHY SCHIERECK | Recordkeeper | $7,146 | — | $7,146 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOHAMED ARBAB — Recordkeeper
- RICHARD ROSSIELLO — Recordkeeper
- KATHY SCHIERECK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $401,865
- Estimated Expense Ratio: 0.762% 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 | $393,070 | — | — | $18,120 | — |
| 2023 | $362,181 | — | — | $18,120 | — |
| 2022 | $411,938 | $53,418 | — | — | $191,963 |