Plan Snapshot
- Plan Sponsor: Local 464a Finast Full Time Employees Pension Plan
- Sponsor EIN: 222359236
- Sponsor Address: 245 PATERSON AVENUE, LITTLE FALLS, NJ, 074244629
- Plan Type: DB
- Plan Number: 004
- Total Participants: 470
- Total Assets: $12.7M
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. |
|---|---|---|---|---|
| 2025 | 470 | $12.7M | $0 | $0 |
| 2024 | 165 | $11.1M | $190,760 | $0 |
| 2023 | 192 | $9.6M | $200,830 | $0 |
| 2022 | 188 | $8.4M | $178,070 | $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 |
|---|---|---|---|---|
| THE PRINCIPAL BANK | Other Service Provider | $30,968 | — | $30,968 |
| SAVASTA & COMPANY | Other Service Provider | $7,425 | — | $7,425 |
| ROSENBERG RICH BAKER BERMAN | Other Service Provider | $6,336 | — | $6,336 |
| MURPHY ANDERSON PLLC | Other Service Provider | $5,400 | — | $5,400 |
| STOKES INVESTMENT CONSULTING LLC | Other Service Provider | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,129
- Estimated Expense Ratio: 0.434% 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 |
|---|---|---|---|---|---|
| 2025 | $383,897 | $30,968 | — | — | — |
| 2024 | $108,044 | $25,029 | — | — | — |
| 2023 | $135,102 | $24,102 | — | — | — |
| 2022 | $93,496 | $23,404 | — | — | $21,916 |