Plan Snapshot
- Plan Sponsor: Board Of Trustees Steamfitters' Industry Supplemental Retirement
- Sponsor EIN: 133917806
- Sponsor Address: 27-08 40TH AVENUE, 2ND FLOOR, LONG ISLAND CITY, NY, 111013725
- Plan Type: DC
- Total Participants: 3,555
- Total Assets: $724.4M
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 | 3,555 | $724.4M | $34.9M | $0 |
| 2023 | 3,592 | $636.5M | $31.9M | $0 |
| 2022 | 3,691 | $557.8M | $30.1M | $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 |
|---|---|---|---|---|
| WILLIAM J. TURNBULL | Other Service Provider | $92,835 | — | $92,835 |
| VITECH SYSTEMS GROUP | Other Service Provider | $74,546 | — | $74,546 |
| SEGAL MARCO ADVISORS | Other Service Provider | $60,000 | — | $60,000 |
| DENNIS O'KANE | Other Service Provider | $41,311 | — | $41,311 |
| LAPADULA, CARLSON & CO., CPA | Other Service Provider | $15,000 | — | $15,000 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | $13,364 | — | $13,364 |
| LINDABURY, MCCORMICK ESTABROOK & CO | Other Service Provider | $7,548 | — | $7,548 |
| CHUBB & SON | Other Service Provider | $7,147 | — | $7,147 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA, CARLSON & CO., CPA — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $311,751
- Estimated Expense Ratio: 0.043% 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 | $879,236 | $60,000 | — | $15,000 | — |
| 2023 | $1,301,649 | $60,000 | — | $14,550 | — |
| 2022 | $1,304,303 | $60,000 | — | — | $24,900 |