Plan Snapshot
- Plan Sponsor: Massachusetts Bricklayers & Masons Annuity Fund
- Sponsor EIN: 046375393
- Sponsor Address: 645 MORRISSEY BOULEVARD, BOSTON, MA, 021223569
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,224
- Total Assets: $273.4M
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 | 1,224 | $273.4M | $19.6M | $0 |
| 2023 | 2,114 | $262.9M | $20.5M | $450 |
| 2022 | 2,120 | $237.1M | $20.0M | $7,159 |
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 |
|---|---|---|---|---|
| SSGA | Other Service Provider | $99,209 | — | $99,209 |
| C. RASO II | Other Service Provider | $81,336 | — | $81,336 |
| PRISA LP | Other Service Provider | $73,515 | — | $73,515 |
| PRU CORE BOND FUND | Other Service Provider | $58,103 | — | $58,103 |
| M. ROSE | Other Service Provider | $46,514 | — | $46,514 |
| BRIDGEWAY BENEFIT PARTNERS | Other Service Provider | $46,335 | — | $46,335 |
| K. HARVEY | Other Service Provider | $44,613 | — | $44,613 |
| C. DAMIGELLA | Other Service Provider | $34,806 | — | $34,806 |
| SEGAL MARCO ADVISORS | Other Service Provider | $32,500 | — | $32,500 |
| FEINBERG DUMONT & BRENNAN | Other Service Provider | $24,397 | — | $24,397 |
| MANZI & ASSOCIATES | Other Service Provider | $22,225 | — | $22,225 |
| W. BEAUDRY | Other Service Provider | $20,316 | — | $20,316 |
| P. PETRILLO | Other Service Provider | $19,457 | — | $19,457 |
| J. SMITH | Other Service Provider | $8,121 | — | $8,121 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $611,447
- Estimated Expense Ratio: 0.224% 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 | $762,141 | $110,015 | — | $22,225 | — |
| 2023 | $734,078 | $124,899 | — | $27,263 | — |
| 2022 | $778,716 | $131,250 | — | — | $48,249 |