Plan Snapshot
- Plan Sponsor: I.A.T.S.E. Local 21
- Sponsor EIN: 223585682
- Sponsor Address: 75 MAIN STREET, SUITE 103, MILLBURN, NJ, 07041
- Plan Type: 401(k)
- Total Participants: 890
- Total Assets: $17.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 890 | $17.9M | $803,476 | $460,222 |
| 2023 | 772 | $15.5M | $724,413 | $458,090 |
| 2022 | 453 | $13.1M | $651,770 | $332,459 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES | Other Service Provider | $75,500 | — | $75,500 |
| UBS FINANCIAL SERVICES | Investment Advisor | — | $30,646 | $30,646 |
| RED BANK PENSION SERVICES, INC. | Recordkeeper | — | $8,007 | $8,007 |
| VOYA RETIREMENT INS. & ANNUITY CO. | Other Service Provider | $6,135 | — | $6,135 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,288
- Estimated Expense Ratio: 0.673% 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 | $121,587 | — | — | — | — |
| 2023 | $72,144 | — | — | — | — |
| 2022 | $89,910 | — | — | — | — |