Plan Snapshot
- Plan Sponsor: Plumbing & Pipefitting Ind Afl
- Sponsor EIN: 222361111
- Sponsor Address: 205 JEFFERSON ROAD, PARSIPPANY, NJ, 07054
- Plan Type: DC
- Total Participants: 322
- Total Assets: $166.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 322 | $166.7M | $4.9M | $0 |
| 2023 | 402 | $151.9M | $4.5M | $0 |
| 2022 | 340 | $140.5M | $4.1M | $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 |
|---|---|---|---|---|
| BASIL CASTROVINCI ASSOCIATES INC | Other Service Provider | $185,951 | — | $185,951 |
| BOYD WATTERSON GSA FUND LP | Other Service Provider | $111,303 | — | $111,303 |
| ULLICO INFRASTRUCTURE FUND | Other Service Provider | $82,811 | — | $82,811 |
| CRESCENT CAPITAL | Other Service Provider | $80,538 | — | $80,538 |
| DAVID A GERSON CPA & ASSOCIATES, PC | Other Service Provider | $54,416 | — | $54,416 |
| IRONSIDES CO-INVESTMENT FUND VI | Other Service Provider | $49,089 | — | $49,089 |
| COLUMBIA THREADNEEDLE | Other Service Provider | $43,141 | — | $43,141 |
| GROSVENOR CAPITAL MANAGEMENT | Other Service Provider | $37,347 | — | $37,347 |
| IRONSIDES PARTNERSHIP FUND VI | Other Service Provider | $35,894 | — | $35,894 |
| PRUDENTIAL RETIREMENT IAC | Other Service Provider | $29,443 | — | $29,443 |
| LOOMIS SAYLES TRUST CO | Other Service Provider | $22,893 | — | $22,893 |
| REYNOLDS CONSULTING | Other Service Provider | $20,292 | — | $20,292 |
| AMALGAMATED BANK TRUST DEPT | Other Service Provider | $17,817 | — | $17,817 |
| IRONSIDES OPPORTUNITES FUND II | Other Service Provider | $16,395 | — | $16,395 |
| TIMOTHY R HOTT, PC | Other Service Provider | $16,200 | — | $16,200 |
| LINDABURY,MCCORMACK & ESTABROOK | Other Service Provider | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $812,530
- Estimated Expense Ratio: 0.487% 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 | $856,194 | $546,963 | $185,951 | $54,416 | — |
| 2023 | $1,129,789 | $817,573 | $180,535 | $55,535 | — |
| 2022 | $824,318 | $524,015 | $175,277 | — | $79,061 |