Plan Snapshot
- Plan Sponsor: Board Of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund
- Sponsor EIN: 237299279
- Sponsor Address: 451 PARK AVENUE SOUTH, NEW YORK, NY, 10016
- Plan Type: DC
- Total Participants: 2,187
- Total Assets: $1.2B
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 | 2,187 | $1.2B | $51.5M | $0 |
| 2023 | 2,357 | $1.2B | $48.8M | $0 |
| 2022 | 4,998 | $1.1B | $52.7M | $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 |
|---|---|---|---|---|
| ATALANTA SOSNOFF CAPITAL LLC | NONE | $607,730 | — | $607,730 |
| MANNING & NAPIER ADVISORS LLC | NONE | $511,087 | — | $511,087 |
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $440,396 | — | $440,396 |
| INSIGHT NORTH AMERICA LLC | NONE | $281,053 | — | $281,053 |
| F/M INVESTMENTS LLC | NONE | $249,396 | — | $249,396 |
| INTERCONTINENTAL REAL ESTATE CORP | NONE | $217,892 | — | $217,892 |
| WCM FOCUSED INTL GROWTH FUND LP | NONE | $132,860 | — | $132,860 |
| COLLERAN O'HARA & MILLS LLP | ATTORNEY | $39,264 | $57,437 | $96,701 |
| SCHULTHEIS & PANETTIERI | AUDITOR | $76,350 | — | $76,350 |
| THE SEGAL CO. (EASTERN STATES), INC | NONE | $56,000 | — | $56,000 |
| STEVEN N DAVI PLLC | NONE | $39,186 | — | $39,186 |
| BNY MELLON | INV CUSTODIAN | $21,170 | — | $21,170 |
| GRASSI AND CO CPA'S PC | NONE | $12,336 | — | $12,336 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- SCHULTHEIS & PANETTIERI — AUDITOR
- GRASSI AND CO CPA'S PC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,742,157
- Estimated Expense Ratio: 0.225% 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 | $3,827,253 | $2,595,587 | — | $88,686 | — |
| 2023 | $3,118,473 | $1,879,953 | — | $82,996 | — |
| 2022 | $3,024,139 | $2,233,431 | — | — | $209,379 |