Plan Snapshot
- Plan Sponsor: Teamsters Local Union No.115 Pension Plan
- Sponsor EIN: 236282827
- Sponsor Address: 10965 DECATUR ROAD, PHILADELPHIA, PA, 191543210
- Plan Type: DB
- Total Participants: 597
- Total Assets: $130.7M
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 | 597 | $130.7M | $5.5M | $0 |
| 2023 | 591 | $120.5M | $5.2M | $0 |
| 2022 | 592 | $110.5M | $5.0M | $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 |
|---|---|---|---|---|
| THE MCKEOGH COMPANY | Other Service Provider | $70,000 | — | $70,000 |
| NICHOLAS ZANCZUK | Recordkeeper | $59,557 | — | $59,557 |
| COOKE & BIELER, L.P. | Other Service Provider | $57,893 | — | $57,893 |
| BENJAMIN MARCINKIEWICZ JR | Recordkeeper | $57,884 | — | $57,884 |
| GRAYSTONE CONSULTING | Recordkeeper | $50,650 | — | $50,650 |
| ANGELO, GORDON & CO. | Investment Advisor | $43,081 | — | $43,081 |
| INTERCONTINENTAL REAL ESTATE CORP | Other Service Provider | $34,764 | — | $34,764 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $34,086 | — | $34,086 |
| JOHN SULLIVAN | Recordkeeper | $26,334 | — | $26,334 |
| NOVAK FRANCELLA LLC | Auditor | $25,547 | — | $25,547 |
| MARKOWITZ & RICHMAN | Other Service Provider | $20,933 | — | $20,933 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $18,606 | — | $18,606 |
| THE UNION LABOR LIFE INSURANCE COMP | Recordkeeper | $15,986 | — | $15,986 |
| CITIZENS BANK | Other Service Provider | $8,264 | — | $8,264 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NICHOLAS ZANCZUK — Recordkeeper
- BENJAMIN MARCINKIEWICZ JR — Recordkeeper
- GRAYSTONE CONSULTING — Recordkeeper
- ANGELO, GORDON & CO. — Investment Advisor
- JOHN SULLIVAN — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
- THE UNION LABOR LIFE INSURANCE COMP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $523,585
- Estimated Expense Ratio: 0.401% 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 | $671,605 | $181,245 | — | $25,547 | — |
| 2023 | $578,407 | $166,291 | — | $33,737 | — |
| 2022 | $579,878 | $110,939 | — | — | $139,689 |