Plan Snapshot
- Plan Sponsor: Local No. 8 Retirement Fund
- Sponsor EIN: 516135501
- Sponsor Address: 333 WESTCHESTER AVENUE, WHITE PLAINS, NY, 10604
- Plan Type: DB
- Total Participants: 278
- Total Assets: $91.6M
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 | 278 | $91.6M | $1.6M | $0 |
| 2023 | 281 | $87.5M | $1.6M | $0 |
| 2022 | 274 | $79.8M | $1.5M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $16,500 | — | $16,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,500
- Estimated Expense Ratio: 0.018% 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 | $566,004 | $379,715 | $25,815 | $16,500 | — |
| 2023 | $511,853 | $349,883 | $25,260 | $16,750 | — |
| 2022 | $479,292 | $339,142 | $24,060 | — | $78,769 |