Plan Snapshot
- Plan Sponsor: Board Of Trustees Teamsters Local 945 Pension Fund
- Sponsor EIN: 226196388
- Sponsor Address: 585 HAMBURG TURNPIKE, WAYNE, NJ, 074702024
- Plan Type: DB
- Total Participants: 385
- Total Assets: $100.2M
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 | 385 | $100.2M | $3.3M | $0 |
| 2023 | 386 | $95.5M | $3.2M | $0 |
| 2022 | 353 | $91.4M | $2.9M | $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 |
|---|---|---|---|---|
| WESTFIELD CAPITAL MANAGEMENT | Other Service Provider | $88,745 | — | $88,745 |
| LOOMIS SAYLES & COMPANY, LP | Other Service Provider | $83,235 | — | $83,235 |
| INTERCONTINETAL REAL ESTATE CORP. | Other Service Provider | $69,296 | — | $69,296 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $69,250 | — | $69,250 |
| O'SULLIVAN ASSOCIATES | Other Service Provider | $59,950 | — | $59,950 |
| WEDGE CAPITAL MANAGEMENT, LLP | Other Service Provider | $48,905 | — | $48,905 |
| MSPC | Auditor | $46,499 | — | $46,499 |
| DAVID BAUMAN | Other Service Provider | $45,360 | — | $45,360 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $41,794 | — | $41,794 |
| MB CONNAUGHTON, ESQS, LLC | Other Service Provider | $38,990 | — | $38,990 |
| SUSAN ROLPH | Other Service Provider | $35,321 | — | $35,321 |
| RBC GLOBAL ASSET MANAGEMENT | Other Service Provider | $29,206 | — | $29,206 |
| ATALANTA SOSNOFF CAPITAL, LLC | Other Service Provider | $27,861 | — | $27,861 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $25,999 | — | $25,999 |
| DEALY, SILBERSTEIN & BRAVERMAN, LLP | Other Service Provider | $17,935 | — | $17,935 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $17,552 | — | $17,552 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $9,587 | — | $9,587 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — Auditor
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $755,485
- Estimated Expense Ratio: 0.754% 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 | $1,055,476 | $478,794 | — | $29,000 | — |
| 2023 | $1,055,892 | $479,742 | — | $38,600 | — |
| 2022 | $1,037,394 | $492,128 | — | — | $155,484 |