Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Construction Workers Local 147 Annuity Fund
- Sponsor EIN: 133161716
- Sponsor Address: 36 HOPATCHUNG ROAD, HOPATCONG, NJ, 078431524
- Plan Type: DC
- Total Participants: 100
- Total Assets: $23.0M
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 | 100 | $23.0M | $1.6M | $0 |
| 2023 | 102 | $21.5M | $1.1M | $0 |
| 2022 | 76 | $20.3M | $624,306 | $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 |
|---|---|---|---|---|
| GOULD, KOBRICK & SCHLAPP, P.C. | Auditor | $35,885 | — | $35,885 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOULD, KOBRICK & SCHLAPP, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,885
- Estimated Expense Ratio: 0.156% 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 | $163,882 | $25,640 | $54,742 | $35,885 | — |
| 2023 | $144,444 | $42,208 | $51,910 | $18,500 | — |
| 2022 | $153,998 | $54,138 | $50,184 | — | $42,500 |