Plan Snapshot
- Plan Sponsor: North Atlantic States Carpenters Annuity Plan
- Sponsor EIN: 061308364
- Sponsor Address: 10 BROADWAY, HAMDEN, CT, 065182614
- Plan Type: DC
- Total Participants: 10,262
- Total Assets: $1.3B
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,262 | $1.3B | $60.6M | $9,000 |
| 2023 | 10,631 | $1.3B | $60.4M | $6,050 |
| 2022 | 11,025 | $1.2B | $63.7M | $6,530 |
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 |
|---|---|---|---|---|
| NORTH ATLANTIC STATES CARP PENSION | CONTRACT ADMINISTRATOR | $2,195,941 | — | $2,195,941 |
| LOOMIS SAYLES & COMPANY, LP | NONE | $443,965 | $18,614 | $462,579 |
| IFM INVESTORS PTY LTD. | NONE | — | $441,621 | $441,621 |
| BLACKROCK INSTITUTIONAL TRUST CO. | NONE | $103,982 | $293,601 | $397,583 |
| MEKETA INVESTMENT GROUP, INC. | NONE | $259,462 | — | $259,462 |
| BNY MELLON INVESTMENT ADVISOR, INC. | NONE | $250,719 | — | $250,719 |
| BANK OF AMERICA MERRILL LYNCH | NONE | $229,549 | — | $229,549 |
| INVESCO ADVISERS, INC | INVESTMENT MANAGER | $215,927 | — | $215,927 |
| BRIGADE CAPITAL MANAGEMENT, LP | INVESTMENT MANAGER | — | $189,689 | $189,689 |
| AMERICAN REALTY ADVISORS | NONE | $150,971 | — | $150,971 |
| LOOMIS SAYLES TRUST COMPANY, LP | NONE | $93,120 | — | $93,120 |
| KRAKOW, SOURIS & LANDRY, LLC | NONE | $87,500 | — | $87,500 |
| BEERS, HAMERMAN, COHEN & BURGER P.C | NONE | $75,296 | — | $75,296 |
| J.P. MORGAN INVESTMENT MANAGEMENT I | NONE | $71,028 | — | $71,028 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORD KEEPER | $55,185 | — | $55,185 |
| PERFECT PRINTING SOLUTIONS, INC. | NONE | $54,714 | — | $54,714 |
| THE UNION LABOR LIFE INSURANCE COMP | NONE | $31,151 | $5,685 | $36,836 |
| RYAN HENRY, ESQ, TRUSTEE | NONE | $36,000 | — | $36,000 |
| SEGAL CONSULTING | NONE | $28,030 | — | $28,030 |
| CHEVY CHASE TRUST | NONE | $26,274 | — | $26,274 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | NONE | $25,534 | — | $25,534 |
| COMPUMAIL CORP | NONE | $16,966 | — | $16,966 |
| STATE STREET GLOBAL ADVISORS TRUST | NONE | $11,414 | — | $11,414 |
| REID & RIEGE, P.C. | NONE | $6,663 | — | $6,663 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTH ATLANTIC STATES CARP PENSION — CONTRACT ADMINISTRATOR
- J.P. MORGAN INVESTMENT MANAGEMENT I — NONE
- THE UNION LABOR LIFE INSURANCE COMP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,418,601
- Estimated Expense Ratio: 0.404% 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 | $6,735,950 | $3,751,966 | $2,310,175 | $71,815 | — |
| 2023 | $6,995,330 | $3,999,101 | $2,074,345 | $63,114 | — |
| 2022 | $6,508,899 | $3,857,799 | $1,873,369 | — | $472,324 |