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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $76,859 | — | $76,859 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,859
- Estimated Expense Ratio: 0.011% 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 |