Plan Snapshot
- Plan Sponsor: Board Of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund
- Sponsor EIN: 516102576
- Sponsor Address: 451 PARK AVENUE SOUTH, NEW YORK, NY, 100167390
- Plan Type: DB
- Total Participants: 1,826
- Total Assets: $728.8M
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 | 1,826 | $728.8M | $46.0M | $0 |
| 2023 | 1,891 | $672.2M | $47.8M | $0 |
| 2022 | 2,181 | $641.6M | $51.7M | $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 |
|---|---|---|---|---|
| LORD ABBETT & CO LLC | Other Service Provider | $688,649 | — | $688,649 |
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $525,120 | — | $525,120 |
| EAGLE CAPITAL MANAGEMENT LLC | Investment Advisor | $331,831 | — | $331,831 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | $271,540 | — | $271,540 |
| MANNING & NAPIER ADVISORS LLC | Other Service Provider | $161,761 | — | $161,761 |
| DOLAN MCENIRY CAPITAL MANAGMENT LLC | Other Service Provider | $148,439 | — | $148,439 |
| WCM FOCUSED INT'L GROWTH FUND LP | Other Service Provider | $147,732 | — | $147,732 |
| RBC GLOBAL ASSET MANAGEMENT | Recordkeeper | $122,378 | — | $122,378 |
| BNY MELLON | Other Service Provider | $100,784 | — | $100,784 |
| THE SEGAL CO. (EASTERN STATES) INC. | Other Service Provider | $74,875 | — | $74,875 |
| COLLERAN O' HARA MILLS | ERISA Attorney | $71,475 | — | $71,475 |
| STEVEN N. DAVI, PLLC | ERISA Attorney | $71,336 | — | $71,336 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $68,250 | — | $68,250 |
| ATALANTA SOSNOFF CAPITAL LLC | Other Service Provider | $51,968 | — | $51,968 |
| BROAD CORE INVESTMENTS | Other Service Provider | $19,207 | — | $19,207 |
| GRASSI & CO CPA'S | Auditor | $8,609 | — | $8,609 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
- EAGLE CAPITAL MANAGEMENT LLC — Investment Advisor
- RBC GLOBAL ASSET MANAGEMENT — Recordkeeper
- SCHULTHEIS & PANETTIERI LLP — Auditor
- GRASSI & CO CPA'S — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,863,954
- Estimated Expense Ratio: 0.393% 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 | $3,728,367 | $2,075,442 | — | $76,859 | — |
| 2023 | $3,312,499 | $1,648,518 | — | $68,714 | — |
| 2022 | $2,872,714 | $1,737,694 | — | — | $296,620 |