# Teamsters Local 575 Pension Fund DB Plan
Source: https://planprovider.pro/companies/teamsters-local-575-pension-fund-plan

> Teamsters Local 575 Pension Fund's DB plan: 0 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Teamsters Local 575 Pension Fund

- **Sponsor EIN:** 221921819

- **Sponsor Address:** 1236 BRACE ROAD, CHERRY HILL, NJ, 080343208

- **Plan Type:** DB

- **Total Participants:** 0

- **Total Assets:** $61,992

## 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|0|$61,992|$4,532|$0|

| 2023|0|$61,897|$7,552|$0|

| 2022|0|$63,713|$4,531|$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|

| MSPC CPA'S AND ADVISORS, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MSPC CPA'S AND ADVISORS, P.C.](https://planprovider.pro/provider/mspc-certified-public-accountants-and) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$49,654|—|$23,400|—|—|

| 2023|$58,890|—|$22,000|$16,000|—|

| 2022|$61,737|—|$22,000|—|$29,965|

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