Plan Snapshot
- Plan Sponsor: National Organization Of Industrial Trade Unions
- Sponsor EIN: 111896570
- Sponsor Address: 148-06 HILLSIDE AVENUE, JAMAICA, NY, 114353331
- Plan Type: DC
- Total Participants: 2,808
- Total Assets: $124.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,808 | $124.4M | $5.4M | $2.3M |
| 2023 | 2,679 | $111.5M | $5.1M | $2.0M |
| 2022 | 2,506 | $95.4M | $4.4M | $1.7M |
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 |
|---|---|---|---|---|
| NOITU INSURANCE TRUST FUND | RELATED FUND | $563,736 | — | $563,736 |
| USI CONSULTING GROUP | NONE | $266,847 | — | $266,847 |
| PROSKAUER ROSE LLP | PROV SVCES TO REL PLAN | $16,380 | — | $16,380 |
| GOULD, KOBRICK AND SCHLAPP, P.C. | PROV SVCES TO REL PLAN | $15,000 | — | $15,000 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $14,902 | $14,902 |
| NATIONAL ORG. OF INDUSTRIAL TRADE U | RELATED LABOR ORG | $13,263 | — | $13,263 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROSKAUER ROSE LLP — PROV SVCES TO REL PLAN
- GOULD, KOBRICK AND SCHLAPP, P.C. — PROV SVCES TO REL PLAN
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $890,128
- Estimated Expense Ratio: 0.716% 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 | $891,548 | $122,144 | $167,157 | $15,000 | — |
| 2023 | $924,963 | $115,400 | $159,233 | $15,000 | — |
| 2022 | $864,922 | $111,401 | $160,889 | — | $34,803 |