Plan Snapshot
- Plan Sponsor: Teamsters 261 And Employers
- Sponsor EIN: 251002501
- Sponsor Address: 351 NORTHGATE CIRCLE, SUITE B, NEW CASTLE, PA, 16105
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,288
- Total Assets: $19.6M
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 | 2,288 | $19.6M | $38.9M | $197,216 |
| 2023 | 2,148 | $19.2M | $35.9M | $188,761 |
| 2022 | 2,334 | $20.4M | $34.9M | $241,337 |
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 |
|---|---|---|---|---|
| FOURM CONSULTING, INC. | Other Service Provider | $81,420 | — | $81,420 |
| XPYRIA INVESTMENT ADVISORS INC. | Other Service Provider | $63,726 | — | $63,726 |
| BRIDGEWAY BENEFITS TECHNOLOGY | Other Service Provider | $55,341 | — | $55,341 |
| JUBELIRER, PASS & INTERIERI | Other Service Provider | $22,400 | — | $22,400 |
| CERITY PARTNERS LLC | Other Service Provider | $21,455 | — | $21,455 |
| HENRY ROSSI & CO., LLP | Auditor | $15,500 | — | $15,500 |
| ALBANESE SINCHAR SMITH & CO. | Auditor | $12,000 | — | $12,000 |
| PHOENIX BENEFITS GROUP, INC. | Other Service Provider | $7,550 | — | $7,550 |
| NELLCOM TECHNOLOGIES | Other Service Provider | $7,286 | — | $7,286 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENRY ROSSI & CO., LLP — Auditor
- ALBANESE SINCHAR SMITH & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $286,678
- Estimated Expense Ratio: 1.461% 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 | $4,630,592 | $85,181 | — | — | — |
| 2023 | $3,111,227 | $86,834 | — | — | — |
| 2022 | $2,309,479 | $87,797 | — | — | $182,364 |