Plan Snapshot
- Plan Sponsor: Steamfitters Industry Educational Fund Board Of Trustees
- Sponsor EIN: 131919703
- Sponsor Address: 27-08 40TH AVENUE, 2ND FLOOR, LONG ISLAND CITY, NY, 111013725
- Plan Type: 401(k)
- Plan Number: 505
- Total Participants: 1,980
- Total Assets: $22.7M
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 | 1,980 | $22.7M | $2.7M | $0 |
| 2023 | 1,981 | $24.1M | $2.6M | $0 |
| 2022 | 2,090 | $25.5M | $2.7M | $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 |
|---|---|---|---|---|
| JASON GRECCO | Other Service Provider | $188,675 | — | $188,675 |
| NICHOLAS MAGNA | Other Service Provider | $186,870 | — | $186,870 |
| STEPHEN POWERS | Other Service Provider | $183,226 | — | $183,226 |
| MATTHEW PIZZO | Other Service Provider | $179,445 | — | $179,445 |
| JAMES COFFEY | Other Service Provider | $166,206 | — | $166,206 |
| DANIEL KNIGHTS | Other Service Provider | $115,040 | — | $115,040 |
| STEVE CUADRA | Other Service Provider | $86,479 | — | $86,479 |
| KATHLEEN HERTEL | Other Service Provider | $82,004 | — | $82,004 |
| WILLIAM J. TURNBULL | Other Service Provider | $46,418 | — | $46,418 |
| ROBERT GILPIN | Other Service Provider | $28,600 | — | $28,600 |
| RITA MESSINA | Other Service Provider | $25,808 | — | $25,808 |
| VITECH SYSTEMS GROUP | Other Service Provider | $19,881 | — | $19,881 |
| LAPADULA, CARLSON & CO., CPA | Auditor | $19,700 | — | $19,700 |
| LINDABURY MCCORMICK ESTABROOK & COO | Other Service Provider | $10,024 | — | $10,024 |
| SEGAL MARCO ADVISORS | Other Service Provider | $10,000 | — | $10,000 |
| CHUBB & SON | Other Service Provider | $7,066 | — | $7,066 |
| AUTOMATIC DATA PROCESSING | Other Service Provider | $5,246 | — | $5,246 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA, CARLSON & CO., CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,360,688
- Estimated Expense Ratio: 5.998% 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 | $1,563,258 | $70,234 | — | $19,700 | — |
| 2023 | $1,631,197 | $68,286 | — | $16,500 | — |
| 2022 | $1,649,704 | $72,427 | — | — | $21,982 |