Plan Snapshot
- Plan Sponsor: Local 1158 Pension Fund
- Sponsor EIN: 222021330
- Sponsor Address: 1149 BLOOMFIELD AVENUE, CLIFTON, NJ, 07012
- Plan Type: DB
- Total Participants: 268
- Total Assets: $16.5M
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 | 268 | $16.5M | $1.7M | $0 |
| 2023 | 245 | $14.9M | $1.5M | $0 |
| 2022 | 212 | $13.2M | $1.3M | $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 |
|---|---|---|---|---|
| MICHAEL TORTORELLI | Other Service Provider | $91,883 | — | $91,883 |
| THE SEGAL COMPANY | Actuary | $82,461 | — | $82,461 |
| CHRISTINE FAWCETT | Other Service Provider | $67,461 | — | $67,461 |
| GEORGE SERIO | Other Service Provider | $66,335 | — | $66,335 |
| JOSEPH P. CALABRO | Recordkeeper | $60,403 | — | $60,403 |
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $49,699 | — | $49,699 |
| ROSENBERG RICH BAKER BERMAN | Auditor | $49,350 | — | $49,350 |
| ADVANCED HVAC SERVICES | Other Service Provider | $33,843 | — | $33,843 |
| CARELLA BYRNE | ERISA Attorney | $26,645 | — | $26,645 |
| DONNA CERNIGLIA | Other Service Provider | $22,142 | — | $22,142 |
| BRUZZI LANDSCAPING | Other Service Provider | $10,646 | — | $10,646 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- ROSENBERG RICH BAKER BERMAN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $560,868
- Estimated Expense Ratio: 3.393% 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 | $732,476 | $51,437 | — | — | — |
| 2023 | $672,522 | $47,268 | — | — | — |
| 2022 | $579,400 | $52,173 | — | — | $134,210 |