Plan Snapshot
- Plan Sponsor: Board Of Trustees - Teamsters Local 11 Pension Fund
- Sponsor EIN: 226172223
- Sponsor Address: 810 BELMONT AVENUE, SUITE 100, NORTH HALEDON, NJ, 075082396
- Plan Type: DB
- Total Participants: 377
- Total Assets: $77.7M
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 | 377 | $77.7M | $3.4M | $0 |
| 2023 | 388 | $75.2M | $3.1M | $0 |
| 2022 | 426 | $70.5M | $2.8M | $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 |
|---|---|---|---|---|
| MARQUETTE ASSOCIATES | NONE | $90,000 | — | $90,000 |
| STACEY BRAUN ASSOC INC | NONE | $79,624 | — | $79,624 |
| CHICAGO BENEFIT CONSULTANTS | NONE | $76,693 | — | $76,693 |
| COHEN WEISS & SIMON LLP | NONE | $69,876 | — | $69,876 |
| BANK OF AMERICA | NONE | $59,581 | — | $59,581 |
| MSPC | NONE | $33,535 | — | $33,535 |
| NORTHERN NJ TEAMSTERS BENEFIT PLAN | NONE | $17,880 | — | $17,880 |
| JBM COMPUTER CONSULTANTS | NONE | $12,937 | — | $12,937 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $440,126
- Estimated Expense Ratio: 0.566% 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 | $693,182 | $229,204 | — | $34,510 | — |
| 2023 | $724,247 | $192,226 | — | $53,079 | — |
| 2022 | $452,854 | $131,723 | — | — | $114,807 |