Plan Snapshot
- Plan Sponsor: Excavators Union Local 731 Annuity Board Of Trustees
- Sponsor EIN: 510136348
- Sponsor Address: 34-11 35TH, ASTORIA, NY, 11106
- Plan Type: DC
- Total Participants: 6,526
- Total Assets: $953.5M
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 | 6,526 | $953.5M | $102.1M | $0 |
| 2023 | 6,236 | $848.1M | $93.0M | $0 |
| 2022 | 5,582 | $770.4M | $91.0M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY | Recordkeeper | $658,379 | — | $658,379 |
| MELVIN FEDER | ERISA Attorney | $333,060 | — | $333,060 |
| CASTIGLIA, LLP | Auditor | $224,844 | — | $224,844 |
| BOYD WATTERSON ASSET MANAGEMENT | Other Service Provider | $121,555 | — | $121,555 |
| ULLICO | Other Service Provider | $114,260 | — | $114,260 |
| PACIFIC INCOME ADV | Other Service Provider | $109,164 | — | $109,164 |
| CONGRESS ASSET MANAGEMENT | Other Service Provider | $98,365 | — | $98,365 |
| RELIANCE TRUST | Recordkeeper | $84,741 | — | $84,741 |
| THE SEGAL COMPANY | Other Service Provider | $29,375 | — | $29,375 |
| BRIDGEWAY BENEFIT TECH | Other Service Provider | $20,806 | — | $20,806 |
| PREMIER TECHNOLOGIES | Other Service Provider | $16,895 | — | $16,895 |
| SYNTONIC SYSTEMS | Other Service Provider | $5,610 | — | $5,610 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
- RELIANCE TRUST — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,817,054
- Estimated Expense Ratio: 0.191% 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 | $2,754,037 | $866,428 | — | $140,908 | — |
| 2023 | $2,653,744 | $717,326 | — | $137,119 | — |
| 2022 | $2,496,399 | $988,279 | — | — | $588,251 |