Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers And Pipefitters Local 773 Annuity Fund
- Sponsor EIN: 141766942
- Sponsor Address: P.O. BOX 312, GLENS FALLS, NY, 128010312
- Plan Type: DC
- Plan Number: 001
- Total Participants: 450
- Total Assets: $58.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 450 | $58.4M | $4.0M | $3,437 |
| 2023 | 662 | $53.3M | $4.1M | $652 |
| 2022 | 645 | $45.4M | $4.9M | $23,492 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | Other Service Provider | $17,536 | — | $17,536 |
| JOSEPH W. MCCARTHY | Other Service Provider | $12,966 | — | $12,966 |
| D'ARCANGELO & CO. LLP | Other Service Provider | $10,700 | — | $10,700 |
| KRAKOW, SOURIS & LANDRY, LLC | Other Service Provider | $8,000 | — | $8,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,202
- Estimated Expense Ratio: 0.084% 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 | $117,879 | — | — | $10,700 | — |
| 2023 | $94,888 | — | — | $10,300 | — |
| 2022 | $104,292 | — | — | — | $30,386 |