# Motion Picture Lab Tech Local 702 Pension Fund DB Plan
Source: https://planprovider.pro/companies/motion-picture-lab-tech-local-702-pension-fund-plan

> Motion Picture Lab Tech Local 702 Pension Fund's DB plan: 163 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Motion Picture Lab Tech Local 702 Pension Fund

- **Sponsor EIN:** 131815996

- **Sponsor Address:** 585 STEWART AVE STE 330, GARDEN CITY, NY, 115304701

- **Plan Type:** DB

- **Total Participants:** 163

- **Total Assets:** $195,548

## 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|163|$195,548|$0|$0|

| 2023|172|$210,132|$0|$0|

| 2022|195|$213,996|$0|$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|

| DICKINSON GROUP INC|ADMINISTRATOR|$42,000|—|$42,000|

| GOULD, KOBRICK & SCHLAPP, P.C.|NONE|$7,350|$3,450|$10,800|

| ED BEYER|TRUSTEE|$6,000|—|$6,000|

| JOSEPH TRUGLIO|TRUSTEE|$6,000|—|$6,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GOULD, KOBRICK & SCHLAPP, P.C.](https://planprovider.pro/provider/gould-kobrick-and-schlapp-pc) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $64,800

- **Estimated Expense Ratio:** 33.138% 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|$81,932|—|$42,000|$10,800|—|

| 2023|$101,633|—|$42,000|$10,800|—|

| 2022|$73,462|—|$42,000|—|$14,670|

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