Plan Snapshot
- Plan Sponsor: Local 445 Annuity Fund
- Sponsor EIN: 141731806
- Sponsor Address: 15 STONE CASTLE ROAD, ROCK TAVERN, NY, 12575
- Plan Type: DC
- Total Participants: 387
- Total Assets: $17.7M
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 | 387 | $17.7M | $1.2M | $0 |
| 2023 | 368 | $17.7M | $1.2M | $0 |
| 2022 | 353 | $17.9M | $1.2M | $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 | NONE | $31,649 | — | $31,649 |
| STACEY BRAUN ASSOCIATES, INC. | NONE | $22,215 | — | $22,215 |
| MERRILL LYNCH | NONE | $17,000 | — | $17,000 |
| BARNES, IACCARINO & SHEPHERD LLP | NONE | $15,220 | — | $15,220 |
| BANK OF NEW YORK MELLON | NONE | $11,000 | — | $11,000 |
| STONE CASTLE REALTY | RELATED FUND | $8,445 | — | $8,445 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — NONE
- MERRILL LYNCH — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,529
- Estimated Expense Ratio: 0.596% 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 | $174,368 | $39,215 | — | $31,649 | — |
| 2023 | $196,373 | $41,408 | — | $18,898 | — |
| 2022 | $229,337 | $50,108 | — | — | $44,897 |