Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees, Bakery & Confectionery Union & Industry
- Sponsor EIN: 526118572
- Sponsor Address: 10401 CONNECTICUT AVENUE, KENSINGTON, MD, 208953960
- Plan Type: DB
- Total Participants: 14,943
- Total Assets: $6.6B
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 | 14,943 | $6.6B | $157.7M | $0 |
| 2023 | 14,954 | $3.4B | $139.3M | $0 |
| 2022 | 14,666 | $3.7B | $148.6M | $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 |
|---|---|---|---|---|
| WITHUMSMITH AND BROWN | Auditor | $207,811 | — | $207,811 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH AND BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,811
- Estimated Expense Ratio: 0.003% 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 | $19,312,816 | $6,319,426 | — | $207,811 | — |
| 2023 | $24,301,657 | $7,996,306 | — | $290,046 | — |
| 2022 | $22,149,302 | $9,378,000 | — | — | $2,863,528 |