Plan Snapshot
- Plan Sponsor: Local 670 Annuity Fund Joint Board Of Trustees
- Sponsor EIN: 136915739
- Sponsor Address: 299 BROADWAY, NEW YORK, NY, 10007
- Plan Type: DC
- Total Participants: 1,173
- Total Assets: $28.0M
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 | 1,173 | $28.0M | $2.2M | $0 |
| 2023 | 1,341 | $25.6M | $2.3M | $0 |
| 2022 | 1,377 | $22.6M | $1.9M | $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 |
|---|---|---|---|---|
| CASTIGLIA, LLP | Auditor | $15,600 | — | $15,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,600
- Estimated Expense Ratio: 0.056% 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 | $292,970 | $43,381 | — | $15,600 | — |
| 2023 | $272,430 | $48,797 | — | $15,600 | — |
| 2022 | $276,933 | $60,832 | — | — | $52,771 |