# Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund DC Plan
Source: https://planprovider.pro/companies/board-of-trustees-sheet-metal-workers-local-no-71-annuity-fund-161592883-001

> Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund's DC plan: 322 participants, plan year 2024 financials, providers, and benchmarks from Form 5…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Sheet Metal Workers Local No. 71 Annuity Fund

- **Sponsor EIN:** 161592883

- **Sponsor Address:** 24 LIBERTY AVENUE, BUFFALO, NY, 142152112

- **Plan Type:** DC

- **Plan Number:** 001

- **Total Participants:** 322

- **Total Assets:** $37.8M

## 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|322|$37.8M|$1.9M|$0|

| 2023|389|$34.2M|$1.8M|$0|

| 2022|404|$29.1M|$1.6M|$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|

| SEGAL ADVISORS|Other Service Provider|$37,642|—|$37,642|

| JOHN HANCOCK LIFE INSURANCE COMPANY|Recordkeeper|$33,906|—|$33,906|

| TRONCONI SEGARRA & ASSOCIATES, LLP|Other Service Provider|$11,830|—|$11,830|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JOHN HANCOCK LIFE INSURANCE COMPANY](https://planprovider.pro/provider/john-hancock) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $83,378

- **Estimated Expense Ratio:** 0.221% 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|$109,377|$37,642|$33,906|$11,902|—|

| 2023|$106,558|$36,517|$30,356|$10,728|—|

| 2022|$132,645|$76,365|$16,530|—|$20,088|

## Similar Plans

- [Board Of Trustees Of The Nydcc Annuity Fd](https://planprovider.pro/companies/board-of-trustees-of-the-nydcc-annuity-fd-plan) — 16,074 participants

- [Board Of Trustees Mason Tenders District Council Annuity Fund](https://planprovider.pro/companies/board-of-trustees-mason-tenders-district-council-annuity-fund-plan) — 11,080 participants

- [Board Of Trustees Of Nycdcc Pension Fund](https://planprovider.pro/companies/board-of-trustees-of-nycdcc-pension-fund-plan) — 10,590 participants

- [Board Of Trustees Mason Tenders' Training Fund](https://planprovider.pro/companies/board-of-trustees-mason-tenders-training-fund-133458660-501) — 9,376 participants

- [Board Of Trustees Mason Tenders District Council Pension Fund](https://planprovider.pro/companies/board-of-trustees-mason-tenders-district-council-pension-fund-plan) — 8,766 participants

- [Board Of Trustees Of Mason Tenders District Council Welfare Fund](https://planprovider.pro/companies/board-of-trustees-of-mason-tenders-district-council-welfare-fund-135537605-501) — 7,983 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-sheet-metal-workers-local-no-71-annuity-fund-161592883-001)

© 2026 PlanProvider.Pro