Plan Snapshot
- Plan Sponsor: Teamsters Local 676 Employers Annuity Fund
- Sponsor EIN: 226477476
- Sponsor Address: 2500 MCCLELLAN AVENUE, PENNSAUKEN, NJ, 081090001
- Plan Type: DC
- Total Participants: 466
- Total Assets: $50.5M
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 | 466 | $50.5M | $4.8M | $0 |
| 2023 | 325 | $45.9M | $4.2M | $0 |
| 2022 | 519 | $38.6M | $4.2M | $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 |
|---|---|---|---|---|
| ADMINISTRATIVE SERVICE PROFESSIONAL | NONE | $53,456 | — | $53,456 |
| JOHN HANCOCK TRUST COMPANY LLC | NONE | $48,320 | — | $48,320 |
| RBC WEALTH MANAGEMENT | NONE | $30,000 | — | $30,000 |
| WILLIG, WILLIAMS & DAVIDSON | NONE | $18,081 | — | $18,081 |
| ALAN ROSS & COMPANY PC | NONE | $11,500 | — | $11,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK TRUST COMPANY LLC — NONE
- RBC WEALTH MANAGEMENT — NONE
- WILLIG, WILLIAMS & DAVIDSON — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,357
- Estimated Expense Ratio: 0.320% 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 | $175,724 | $78,320 | $53,456 | $11,500 | — |
| 2023 | $197,435 | $106,859 | $51,958 | $10,850 | — |
| 2022 | $247,641 | $158,879 | $51,039 | — | $31,140 |