Plan Snapshot
- Plan Sponsor: Tmt Bac Local Union #7
- Sponsor EIN: 386829765
- Sponsor Address: 1040 AVENUE OF THE AMERICAS,, NEW YORK, NY, 10018
- Plan Type: DC
- Total Participants: 1,191
- Total Assets: $213.8M
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 | 1,191 | $213.8M | $10.2M | $0 |
| 2023 | 1,234 | $196.3M | $9.2M | $0 |
| 2022 | 1,462 | $185.5M | $11.3M | $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 |
|---|---|---|---|---|
| CRESCENT CAPITAL | Other Service Provider | $1,058,671 | — | $1,058,671 |
| ULLICO FUND LP | Other Service Provider | $304,799 | — | $304,799 |
| DANIEL H. COOK & ASSOCIATES | Other Service Provider | $258,811 | — | $258,811 |
| BOYD WATTERSON GSA FUND, LP | Other Service Provider | $206,490 | — | $206,490 |
| US REAL ESTATE INVESTMENT FUND LLC | Other Service Provider | $131,954 | — | $131,954 |
| PKF O'CONNOR DAVIES LLP | Recordkeeper | $117,325 | — | $117,325 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $64,626 | — | $64,626 |
| COLLERAN, O'HARA & MILLS | Other Service Provider | $53,576 | — | $53,576 |
| REYONLDS SECURITIES | Other Service Provider | $45,570 | — | $45,570 |
| VIRGINA AMBINDER | Other Service Provider | $38,547 | — | $38,547 |
| PRUDENTIAL RETIREMENT INUSRANCE | Other Service Provider | $26,577 | — | $26,577 |
| LITTLER MENDELSON PC | Other Service Provider | $24,750 | — | $24,750 |
| AMALGAMATED BANK OF NEW YORK | Other Service Provider | $23,047 | — | $23,047 |
| HOROWITZ LAW GROUP, PLLC | Other Service Provider | $9,900 | — | $9,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES LLP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,364,643
- Estimated Expense Ratio: 1.106% 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 | $3,508,816 | $1,861,714 | $258,811 | $117,325 | — |
| 2023 | $2,345,525 | $1,799,103 | $258,665 | $125,000 | — |
| 2022 | $1,936,070 | $1,426,569 | $258,800 | — | $203,075 |