Plan Snapshot
- Plan Sponsor: Pension Plan Of Local 464a
- Sponsor EIN: 226051600
- Sponsor Address: 245 PATERSON AVENUE, LITTLE FALLS, NJ, 074241607
- Plan Type: DB
- Plan Number: 001
- Total Participants: 22,307
- Total Assets: $1.4B
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. |
|---|---|---|---|---|
| 2025 | 22,307 | $1.4B | $0 | $0 |
| 2024 | 7,332 | $1.2B | $11.6M | $0 |
| 2023 | 7,229 | $1.0B | $11.5M | $0 |
| 2022 | 7,110 | $906.1M | $11.1M | $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 |
|---|---|---|---|---|
| PRINCIPAL BANK | Other Service Provider | $1,507,991 | — | $1,507,991 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $1,327,413 | — | $1,327,413 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $617,901 | — | $617,901 |
| PNC BANK ,N.A. | Other Service Provider | $231,145 | — | $231,145 |
| MURPHY ANDERSON PLLC | Other Service Provider | $127,827 | — | $127,827 |
| HEALTH PLAN SYSTEMS, INC. | Other Service Provider | $103,690 | — | $103,690 |
| ROSENBERG RICH BAKER BERMAN | Other Service Provider | $87,980 | — | $87,980 |
| UMBERTO MARICONDA | Other Service Provider | $74,967 | — | $74,967 |
| VINCENT PISCITELLI | Other Service Provider | $72,386 | — | $72,386 |
| RICHARD MELBER | Other Service Provider | $66,348 | — | $66,348 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $40,016 | — | $40,016 |
| DINA ALTONJY | Other Service Provider | $36,453 | — | $36,453 |
| JOSEPH JEWELL | Other Service Provider | $27,315 | — | $27,315 |
| CARLOS TATTE | Other Service Provider | $23,769 | — | $23,769 |
| PATRICIA SABATINI | Other Service Provider | $17,978 | — | $17,978 |
| KARLA MIRANDA | Other Service Provider | $15,915 | — | $15,915 |
| STOKES INVESTMENT CONSULTING LLC | Investment Advisor | $15,077 | — | $15,077 |
| SAVASTA & CO | Other Service Provider | $15,006 | — | $15,006 |
| RAMON CAMARENA | Other Service Provider | $7,637 | — | $7,637 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,416,814
- Estimated Expense Ratio: 0.306% 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 |
|---|---|---|---|---|---|
| 2025 | $50,129,649 | $3,684,450 | — | — | — |
| 2024 | $5,160,094 | $3,313,155 | — | — | — |
| 2023 | $4,680,338 | $2,924,814 | — | — | — |
| 2022 | $4,813,286 | $3,006,943 | — | — | $255,708 |