Plan Snapshot
- Plan Sponsor: Bricklayers & Allied Craftworkers Local No. 5 Pension Plan
- Sponsor EIN: 800083075
- Sponsor Address: 14 PLOG ROAD SUITE 2, FAIRFIELD, NJ, 07002
- Plan Type: DB
- Total Participants: 314
- Total Assets: $83.7M
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 | 314 | $83.7M | $6.8M | $0 |
| 2023 | 323 | $80.5M | $7.0M | $0 |
| 2022 | 349 | $78.1M | $8.9M | $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 |
|---|---|---|---|---|
| RICHARD J. CUMMINGS, CPA | Auditor | $30,000 | — | $30,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,000
- Estimated Expense Ratio: 0.036% 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 | $748,416 | $274,531 | — | $30,000 | — |
| 2023 | $726,878 | $269,517 | — | $30,000 | — |
| 2022 | $688,544 | $253,379 | — | — | $187,818 |