Plan Snapshot
- Plan Sponsor: Cement Masons Local 780 Pension Fund
- Sponsor EIN: 131626710
- Sponsor Address: 1406 BLONDELL AVE, 2ND FLOOR, BRONX, NY, 104612623
- Plan Type: DB
- Total Participants: 397
- Total Assets: $175.6M
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 | 397 | $175.6M | $4.5M | $0 |
| 2023 | 424 | $162.4M | $4.9M | $0 |
| 2022 | 410 | $146.9M | $5.2M | $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 |
|---|---|---|---|---|
| BOYD WATTERSON ASSET MANAGEMENT | NONE | $275,864 | — | $275,864 |
| ULLICO INVESTMENT ADVISORS INC. | NONE | $144,918 | — | $144,918 |
| POLEN CAPITAL MANAGEMENT | NONE | $59,047 | — | $59,047 |
| FIRST ACTUARIAL CONSULTING INC. | NONE | $47,225 | — | $47,225 |
| CONGRESS ASSET MANAGEMENT | NONE | $39,142 | $4,635 | $43,777 |
| FITZSIMMONS ABRAMS, LLP | NONE | $40,600 | — | $40,600 |
| PROSKAUER ROSE LLP | NONE | $35,201 | — | $35,201 |
| AMALGAMATED BANK | NONE | $30,257 | $815 | $31,072 |
| NEW TOWER TRUST COMPANY | NONE | $30,510 | — | $30,510 |
| REYNOLDS CONSULTING SERVICES LLC | NONE | $26,522 | — | $26,522 |
| CRESCENT CAPITAL HIGH INCOME FUND | NONE | $25,407 | — | $25,407 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FITZSIMMONS ABRAMS, LLP — NONE
- PROSKAUER ROSE LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $760,143
- Estimated Expense Ratio: 0.433% 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 | $1,110,821 | $738,713 | — | $40,600 | — |
| 2023 | $1,147,443 | $751,324 | — | $40,600 | — |
| 2022 | $1,167,664 | $780,968 | — | — | $254,209 |