Plan Snapshot
- Plan Sponsor: Board Of Trustees, Sheet Metal Workers' Lcl Un. 25
- Sponsor EIN: 222586290
- Sponsor Address: 440 BARELL AVENUE, CARLSTADT, NJ, 07072
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 401
- Total Assets: $148,674
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 | 401 | $148,674 | $1.1M | $21,120 |
| 2023 | 436 | $136,342 | $1.2M | $23,260 |
| 2022 | 479 | $136,249 | $1.4M | $24,510 |
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 |
|---|---|---|---|---|
| MANFRE CPA P.C. | Auditor | $9,945 | — | $9,945 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,945
- Estimated Expense Ratio: 6.689% 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 | $23,460 | — | — | $10,958 | — |
| 2023 | $26,648 | — | — | $10,512 | — |
| 2022 | $25,426 | — | — | — | $15,140 |