Plan Snapshot
- Plan Sponsor: Board Of Trustees - Recycling And Gen. Ind. Union L 108 Annuity Fund
- Sponsor EIN: 611429515
- Sponsor Address: 485 ROUTE 1, ISELIN, NJ, 08830
- Plan Type: DC
- Total Participants: 3,823
- Total Assets: $18.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,823 | $18.8M | $3.1M | $584,757 |
| 2023 | 3,717 | $16.6M | $2.3M | $591,042 |
| 2022 | 3,506 | $14.7M | $2.2M | $561,558 |
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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 0.091% 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 | $410,601 | $9,355 | — | $17,000 | — |
| 2023 | $352,277 | $8,090 | $36,956 | $16,000 | — |
| 2022 | $158,179 | $8,638 | $32,043 | — | $12,296 |