Plan Snapshot
- Plan Sponsor: Local 1102 Retirement Fund
- Sponsor EIN: 135669982
- Sponsor Address: 311 CROSSWAYS PARK DRIVE, WOODBURY, NY, 117972041
- Plan Type: DB
- Plan Number: 001
- Total Participants: 206
- Total Assets: $630,687
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. |
|---|---|---|---|---|
| 2025 | 206 | $630,687 | $0 | $0 |
| 2024 | 0 | $712,735 | $0 | $0 |
| 2023 | 251 | $745,754 | $0 | $0 |
| 2022 | 0 | $800,840 | $0 | $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 |
|---|---|---|---|---|
| LOCAL 1102 RWDSU | Other Service Provider | $89,004 | — | $89,004 |
| LOCAL 1102 RETIREMENT TRUST | Other Service Provider | $25,718 | — | $25,718 |
| FIRST ACTUARIAL CONSULTING INC | Other Service Provider | $22,745 | — | $22,745 |
| NOVAK FRANCELLA, LLC | Other Service Provider | $10,000 | — | $10,000 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $7,566 | — | $7,566 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,033
- Estimated Expense Ratio: 24.582% 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 |
|---|---|---|---|---|---|
| 2025 | $411,110 | — | — | $10,000 | — |
| 2024 | $187,262 | — | — | $10,123 | — |
| 2023 | $173,165 | — | — | $10,313 | — |
| 2022 | $170,976 | — | — | — | $27,422 |