Plan Snapshot
- Plan Sponsor: Teamsters Local No. 264
- Sponsor EIN: 161334019
- Sponsor Address: 35 TYROL DRIVE, CHEEKTOWAGA, NY, 14227
- Plan Type: 401(k)
- Total Participants: 719
- Total Assets: $39.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 719 | $39.7M | $1.2M | $889,446 |
| 2023 | 780 | $37.2M | $1.2M | $760,969 |
| 2022 | 745 | $35.6M | $995,778 | $812,866 |
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 |
|---|---|---|---|---|
| APFS WEALTH MANAGEMENT | ADVISORY | $75,187 | — | $75,187 |
| AT RETIREMENT SERVICES, LLC | TRUSTEE | $66,504 | — | $66,504 |
| ARCARA ZUCARELLI LENDA & ASSOC. CPA | ACCOUNTANT | $27,000 | — | $27,000 |
| ARCARA, LENDA, EUSANIO & STACEY CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,691
- Estimated Expense Ratio: 0.425% 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 | $179,227 | — | — | — | — |
| 2023 | $162,658 | — | — | — | — |
| 2022 | $184,582 | $77,858 | $62,853 | — | $43,871 |