Plan Snapshot
- Plan Sponsor: Local 1102 Retirement Trust
- Sponsor EIN: 131847329
- Sponsor Address: 311 CROSSWAYS PARK DRIVE, WOODBURY, NY, 117972041
- Plan Type: DB
- Total Participants: 91
- Total Assets: $41.9M
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 | 91 | $41.9M | $174,800 | $0 |
| 2023 | 105 | $35.9M | $187,498 | $0 |
| 2022 | 99 | $31.5M | $200,509 | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $33,528 | — | $33,528 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,528
- Estimated Expense Ratio: 0.080% 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 | $905,658 | $155,613 | — | $33,528 | — |
| 2023 | $867,934 | $138,551 | — | $31,048 | — |
| 2022 | $951,212 | $151,455 | — | — | $241,547 |