Plan Snapshot
- Plan Sponsor: Plumbers Pension Fund Local 24 Board Of Trustees
- Sponsor EIN: 226042823
- Sponsor Address: PO BOX 1028, WEST TRENTON, NJ, 086280230
- Plan Type: DB
- Total Participants: 569
- Total Assets: $207.8M
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 | 569 | $207.8M | $0 | $0 |
| 2024 | 575 | $198.8M | $0 | $0 |
| 2023 | 581 | $188.4M | $0 | $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 |
|---|---|---|---|---|
| GERSON & ASSOC CPAS AND ADVISORS PC | Auditor | $59,115 | — | $59,115 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,115
- Estimated Expense Ratio: 0.028% 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 | $1,354,766 | $776,381 | $168,886 | $59,115 | — |
| 2024 | $1,321,082 | $767,278 | $158,704 | $62,082 | — |
| 2023 | $1,125,746 | $421,903 | $166,651 | — | $191,578 |