# Local 360 Labor-Management Pension Fund DB Plan
Source: https://planprovider.pro/companies/local-360-labor-management-pension-fund-plan

> Local 360 Labor-Management Pension Fund&#39;s DB plan: 1,240 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|NONE|$612,326|—|$612,326|

| TRI-STATE ADMINISTRATORS|NONE|$249,324|—|$249,324|

| CHEIRON|NONE|$206,086|—|$206,086|

| MORGAN, LEWIS & BOCKIUS LLP|NONE|$75,429|—|$75,429|

| BARATZ & ASSOCIATES, P.A.|NONE|$46,348|—|$46,348|

| SPEAR WILDERMAN|NONE|$27,950|—|$27,950|

| BRIDGEWAY BENEFIT TECHNOLOGIES|NONE|$16,978|—|$16,978|

| PENSION BENEFIT INFORMATION LLC|NONE|$12,042|—|$12,042|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MERRILL LYNCH](https://planprovider.pro/provider/merrill-lynch) — NONE

- [MORGAN, LEWIS & BOCKIUS LLP](https://planprovider.pro/provider/meyer-unkovic-and-scott-llp) — NONE

- [BARATZ & ASSOCIATES, P.A.](https://planprovider.pro/provider/baratz-and-associates-pa) — NONE

## 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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/local-360-labor-management-pension-fund-plan)

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