Plan Snapshot
- Plan Sponsor: Steamfitters Industry Security Benefit Fund Board Of Trustees
- Sponsor EIN: 136149681
- Sponsor Address: 2708 40TH AVENUE, 2ND FLOOR, LONG ISLAND CITY, NY, 111013725
- Plan Type: 401(k)
- Plan Number: 504
- Total Participants: 3,281
- Total Assets: $319.0M
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 | 3,281 | $319.0M | $40.1M | $0 |
| 2023 | 3,267 | $306.3M | $37.8M | $0 |
| 2022 | 3,303 | $294.8M | $38.4M | $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 |
|---|---|---|---|---|
| ULLICO INVESTMENT ADVISORS | Other Service Provider | $511,250 | — | $511,250 |
| BOSTON PARTNERS GLOBAL INVESTORS, I | Other Service Provider | $254,592 | — | $254,592 |
| JANUS HENDERSON INVESTORS US LLC | Other Service Provider | $211,772 | — | $211,772 |
| BOYD WATTERSON ASSET MANAGEMENT, LL | Other Service Provider | $157,991 | — | $157,991 |
| VITECH SYSTEMS GROUP | Other Service Provider | $139,814 | — | $139,814 |
| THE BANK OF NEW YORK | Other Service Provider | $104,362 | — | $104,362 |
| HIGHLAND CAPITAL MANAGEMENT, LLC | Other Service Provider | $77,590 | — | $77,590 |
| MORGAN STANLEY INVESTMENT MANAGEMEN | Other Service Provider | $69,259 | — | $69,259 |
| CS MCKEE | Other Service Provider | $44,892 | — | $44,892 |
| MARIA SENA | Other Service Provider | $39,031 | — | $39,031 |
| SEGAL MARCO ADVISORS | Other Service Provider | $35,000 | — | $35,000 |
| MICHELLE BAUTISTA | Other Service Provider | $33,117 | — | $33,117 |
| NANA WILMARIA MOMOH | Other Service Provider | $28,103 | — | $28,103 |
| STANLEY TALOUIS | Other Service Provider | $26,263 | — | $26,263 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | $18,534 | — | $18,534 |
| LAPADULA, CARLSON & CO CPA | Auditor | $17,000 | — | $17,000 |
| CHUBB & SON | Other Service Provider | $9,891 | — | $9,891 |
| COLLERAN O'HARA & MILLS LLP | Other Service Provider | $9,001 | — | $9,001 |
| LINDABURY, MCCORMICK, ESTABROOK & C | Other Service Provider | $7,535 | — | $7,535 |
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: $1,794,997
- Estimated Expense Ratio: 0.563% 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 | $3,375,669 | $2,578,831 | — | $17,000 | — |
| 2023 | $2,956,075 | $2,058,225 | — | $16,500 | — |
| 2022 | $3,010,929 | $2,211,133 | — | — | $27,744 |