Plan Snapshot
- Plan Sponsor: Local 143 Annuity Fund
- Sponsor EIN: 112732626
- Sponsor Address: 333 SYLVAN AVENUE, STE 400, ENGLEWOOD CLIFFS, NJ, 076322734
- Plan Type: DC
- Total Participants: 247
- Total Assets: $2.0M
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 | 247 | $2.0M | $229,213 | $0 |
| 2023 | 231 | $1.8M | $217,995 | $0 |
| 2022 | 543 | $1.6M | $196,545 | $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 |
|---|---|---|---|---|
| MSPC CPAS AND ADVISORS, PC | Auditor | $6,800 | — | $6,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,800
- Estimated Expense Ratio: 0.339% 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 | $39,308 | — | — | $6,800 | — |
| 2023 | $45,303 | — | — | $6,700 | — |
| 2022 | $42,943 | $65 | — | — | $15,350 |