Plan Snapshot
- Plan Sponsor: Local 360 Labor-Management Pension Fund
- Sponsor EIN: 516090661
- Sponsor Address: 48 STILES LANE, SUITE 204, PINE BROOK, NJ, 07058
- Plan Type: DB
- Total Participants: 1,240
- Total Assets: $158.4M
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 | 1,240 | $158.4M | $6.3M | $0 |
| 2023 | 1,292 | $117.5M | $6.1M | $0 |
| 2022 | 1,284 | $109.4M | $5.8M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH | Investment Advisor | $612,326 | — | $612,326 |
| TRI-STATE ADMINISTRATORS | Other Service Provider | $249,324 | — | $249,324 |
| CHEIRON | Other Service Provider | $206,086 | — | $206,086 |
| MORGAN, LEWIS & BOCKIUS LLP | ERISA Attorney | $75,429 | — | $75,429 |
| BARATZ & ASSOCIATES, P.A. | Auditor | $46,348 | — | $46,348 |
| SPEAR WILDERMAN | Other Service Provider | $27,950 | — | $27,950 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $16,978 | — | $16,978 |
| PENSION BENEFIT INFORMATION LLC | Other Service Provider | $12,042 | — | $12,042 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — Investment Advisor
- MORGAN, LEWIS & BOCKIUS LLP — ERISA Attorney
- BARATZ & ASSOCIATES, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,246,483
- Estimated Expense Ratio: 0.787% 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 | $1,463,631 | $584,560 | $249,324 | $37,750 | — |
| 2023 | $1,357,798 | $599,269 | $229,394 | $38,980 | — |
| 2022 | $1,264,012 | $608,539 | $255,513 | — | $169,444 |