Plan Snapshot
- Plan Sponsor: Board Of Trustees Steamfitters Industry Pension Fund
- Sponsor EIN: 136149680
- Sponsor Address: 27-08 40TH AVENUE, 2ND FLOOR, LONG ISLAND CITY, NY, 111013725
- Plan Type: DB
- Total Participants: 1,980
- Total Assets: $460.6M
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 | 1,980 | $460.6M | $43.1M | $0 |
| 2023 | 1,981 | $430.0M | $41.8M | $0 |
| 2022 | 2,090 | $417.4M | $44.2M | $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 |
|---|---|---|---|---|
| LAPADULA , CARLSON & CO., CPA | Auditor | $33,000 | — | $33,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA , CARLSON & CO., CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,000
- Estimated Expense Ratio: 0.007% 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 | $5,129,525 | $3,255,884 | — | $33,000 | — |
| 2023 | $4,828,509 | $2,931,064 | — | $31,875 | — |
| 2022 | $5,151,652 | $3,278,206 | — | — | $130,108 |