Plan Snapshot
- Plan Sponsor: Plumbers And Pipefitters Local 9 Surety Fund
- Sponsor EIN: 222383293
- Sponsor Address: 830 BEAR TAVERN ROAD, WEST TRENTON, NJ, 08628
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,708
- Total Assets: $311.3M
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 | 1,708 | $311.3M | $19.0M | $0 |
| 2023 | 2,205 | $287.5M | $19.1M | $0 |
| 2022 | 2,179 | $257.3M | $14.3M | $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 |
|---|---|---|---|---|
| IE SHAFFER & CO. | Other Service Provider | $169,774 | — | $169,774 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $47,160 | — | $47,160 |
| GERSON & ASSOCIATES CPAS AND ADV PC | Other Service Provider | $43,718 | — | $43,718 |
| REYNOLDS CONSULTING SERVICES, LLC | Other Service Provider | $24,675 | — | $24,675 |
| LINDABURY, MCCORMICK, ESTABROOK, CO | Other Service Provider | $20,538 | — | $20,538 |
| OBRIEN, BELLAND, & BUSHINSKY | Other Service Provider | $10,318 | — | $10,318 |
| PELLETTIERI, RABSTEIN, & ALTMAN | Other Service Provider | $5,213 | — | $5,213 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $321,396
- Estimated Expense Ratio: 0.103% 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 | $354,557 | $24,675 | $169,774 | $43,718 | — |
| 2023 | $384,753 | $23,500 | $204,980 | $46,142 | — |
| 2022 | $318,591 | $23,500 | $155,302 | — | $105,060 |