Plan Snapshot
- Plan Sponsor: Teamsters Local 277 Pension Board Of Trustees
- Sponsor EIN: 136696819
- Sponsor Address: 14 FRONT STREET, SUITE 300, HEMPSTEAD, NY, 115503602
- Plan Type: DB
- Total Participants: 341
- Total Assets: $27.8M
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 | 341 | $27.8M | $0 | $0 |
| 2024 | 379 | $27.9M | $0 | $0 |
| 2023 | 365 | $27.7M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $18,000 | — | $18,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,000
- Estimated Expense Ratio: 0.065% 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 | $417,269 | $32,083 | — | $18,000 | — |
| 2024 | $406,167 | $35,000 | — | $18,000 | — |
| 2023 | $342,753 | $42,500 | — | — | $139,404 |