Plan Snapshot
- Plan Sponsor: Operative Plasterers&Cement Masons Local 29 Annuity Fund
- Sponsor EIN: 221507478
- Sponsor Address: 1149 BLOOMFIELD AVE, CLIFTON, NJ, 070122314
- Plan Type: DC
- Total Participants: 326
- Total Assets: $23.0M
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 | 326 | $23.0M | $1.5M | $0 |
| 2023 | 458 | $21.9M | $1.4M | $0 |
| 2022 | 441 | $21.2M | $1.9M | $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 |
|---|---|---|---|---|
| MSPC | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.052% 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 | $262,737 | $174,805 | — | $12,000 | — |
| 2023 | $231,739 | $152,846 | — | $11,400 | — |
| 2022 | $223,989 | $154,888 | — | — | $13,404 |