Plan Snapshot
- Plan Sponsor: Pension Plan Of Local 464a
- Sponsor EIN: 226051600
- Sponsor Address: 245 PATERSON AVENUE, LITTLE FALLS, NJ, 074241607
- Plan Type: DB
- Total Participants: 7,332
- Total Assets: $1.2B
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 | 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 | NONE | $1,467,560 | — | $1,467,560 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $1,220,769 | — | $1,220,769 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $567,306 | — | $567,306 |
| PNC BANK ,N.A. | Other Service Provider | $140,439 | — | $140,439 |
| MURPHY ANDERSON PLLC | Other Service Provider | $131,932 | — | $131,932 |
| HEALTH PLAN SYSTEMS, INC. | NONE | $109,257 | — | $109,257 |
| ROSENBERG RICH BAKER BERMAN | Other Service Provider | $75,830 | — | $75,830 |
| VINCENT PISCITELLI | EMPLOYEE | $70,265 | — | $70,265 |
| UMBERTO MARICONDA | EMPLOYEE | $69,676 | — | $69,676 |
| RICHARD MELBER | EMPLOYEE | $63,650 | — | $63,650 |
| SAVASTA & CO | Other Service Provider | $60,024 | — | $60,024 |
| DINA ALTONJY | EMPLOYEE | $34,332 | — | $34,332 |
| JOSEPH JEWELL | EMPLOYEE | $28,636 | — | $28,636 |
| WELLS FARGO BANK | Other Service Provider | $23,030 | — | $23,030 |
| PATRICIA SABATINI | EMPLOYEE | $17,447 | — | $17,447 |
| DIANE BOTTA | NONE | $16,425 | — | $16,425 |
| STOKES INVESTMENT CONSULTING LLC | INVESTMENT MANAGEMENT | $9,400 | — | $9,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROSENBERG RICH BAKER BERMAN — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,105,978
- Estimated Expense Ratio: 0.332% 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 | $5,160,094 | $3,313,155 | — | — | — |
| 2023 | $4,680,338 | $2,924,814 | — | — | — |
| 2022 | $4,813,286 | $3,006,943 | — | — | $255,708 |