Plan Snapshot
- Plan Sponsor: Joint Annuity Fund Local 164 Ibew
- Sponsor EIN: 226031200
- Sponsor Address: 425 EAGLE ROCK AVENUE, ROSELAND, NJ, 070681717
- Plan Type: DC
- Total Participants: 3,027
- Total Assets: $925.4M
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 | 3,027 | $925.4M | $37.6M | $0 |
| 2023 | 2,799 | $832.4M | $35.5M | $0 |
| 2022 | 2,841 | $728.1M | $38.6M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $1,018,200 | — | $1,018,200 |
| PRUDENTIAL RETIREMENT INS & ANN CO. | NONE | $440,665 | — | $440,665 |
| FABIAN & BYRN, LLC | NONE | $151,679 | — | $151,679 |
| MPC CAPITAL ADVISORS, LLC | NONE | $134,443 | — | $134,443 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | NONE | $72,400 | — | $72,400 |
| ZAZZALI FAGELLA | NONE | $18,435 | — | $18,435 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,835,822
- Estimated Expense Ratio: 0.198% 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 | $1,483,105 | $1,152,643 | $151,679 | $72,400 | — |
| 2023 | $1,374,469 | $1,033,734 | $152,574 | $75,671 | — |
| 2022 | $1,819,044 | $1,508,181 | $150,945 | — | $94,725 |