Plan Snapshot
- Plan Sponsor: Composition Roofers Local No. 10
- Sponsor EIN: 221512145
- Sponsor Address: 321 MASON AVENUE, HALEDON, NJ, 075081427
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 75
- Total Assets: $4.0M
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 | 75 | $4.0M | $1.7M | $26,277 |
| 2023 | 83 | $3.8M | $2.0M | $11,228 |
| 2022 | 80 | $3.5M | $2.0M | $8,280 |
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 |
|---|---|---|---|---|
| BASIL CASTROVINCI ASSOCIATES INC | Recordkeeper | $75,092 | — | $75,092 |
| ORANSKY, SCARAGGI & BORG | Other Service Provider | $16,000 | — | $16,000 |
| BRUNO DIBELLO & CO. LLC | Other Service Provider | $14,365 | — | $14,365 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,457
- Estimated Expense Ratio: 2.629% 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 | $1,658,557 | — | — | — | — |
| 2023 | $1,740,475 | — | — | — | — |
| 2022 | $1,584,732 | — | — | — | — |