Plan Snapshot
- Plan Sponsor: Local 463 Pension Fund Board Of Trustees
- Sponsor EIN: 111800729
- Sponsor Address: 40 MARCUS DRIVE, STE. 212, MELVILLE, NY, 117474200
- Plan Type: DB
- Total Participants: 177
- Total Assets: $90.6M
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 | 177 | $90.6M | $327,124 | $0 |
| 2023 | 190 | $87.4M | $342,198 | $0 |
| 2022 | 1,164 | $80.1M | $363,265 | $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 |
|---|---|---|---|---|
| ROGOFF & COMPANY, PC | Auditor | $36,186 | — | $36,186 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,186
- Estimated Expense Ratio: 0.040% 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 | $666,778 | $69,617 | — | $36,186 | — |
| 2023 | $640,238 | $181,950 | — | $34,000 | — |
| 2022 | $568,263 | $183,898 | — | — | $153,160 |