Plan Snapshot
- Plan Sponsor: Teamsters Local Union No. 25
- Sponsor EIN: 041172100
- Sponsor Address: 544 MAIN STREET, CHARLESTOWN, MA, 02129
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $9.6M
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 | 0 | $9.6M | $129,406 | $701,680 |
| 2023 | 0 | $9.3M | $96,239 | $576,706 |
| 2022 | 0 | $8.2M | $93,583 | $591,670 |
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 |
|---|---|---|---|---|
| MANZI & ASSOCIATES LLC | Auditor | — | — | $0 |
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 | $118,389 | $46,972 | $51,321 | — | — |
| 2023 | $95,234 | $36,304 | $38,570 | — | — |
| 2022 | $114,071 | $38,441 | $63,755 | — | $11,875 |