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
- 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. |
|---|---|---|---|---|
| 2025 | 322 | $37.8M | $0 | $0 |
| 2024 | 389 | $34.2M | $0 | $0 |
| 2023 | 404 | $29.1M | $0 | $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 |
|---|---|---|---|---|
| TRONCONI SEGARRA & ASSOCIATES LLP | Auditor | $11,902 | — | $11,902 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRONCONI SEGARRA & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,902
- Estimated Expense Ratio: 0.031% 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 |
|---|---|---|---|---|---|
| 2025 | $109,377 | $37,642 | $33,906 | $11,902 | — |
| 2024 | $106,558 | $36,517 | $30,356 | $10,728 | — |
| 2023 | $132,645 | $76,365 | $16,530 | — | $20,088 |