Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers & Steamfitters Local 81 Annuity Fund
- Sponsor EIN: 161103194
- Sponsor Address: 107 TWIN OAKS DRIVE, SYRACUSE, NY, 132061220
- Plan Type: DC
- Total Participants: 1,184
- Total Assets: $93.2M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,184 | $93.2M | $4.7M | $877,795 |
| 2023 | 1,100 | $85.2M | $4.8M | $675,440 |
| 2022 | 1,082 | $75.4M | $3.4M | $748,729 |
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 ANNUITY INSURANCE COMPANY | RECORDKEEPER | $78,609 | — | $78,609 |
| BLITMAN & KING | NONE | $28,492 | — | $28,492 |
| D'ARCANGELO & CO. LLP | NONE | $22,500 | — | $22,500 |
| MARCO CONSULTING | NONE | $21,930 | — | $21,930 |
| JOSEPH W. MCCARTHY & ASSOCIATES | NONE | $9,987 | — | $9,987 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,518
- Estimated Expense Ratio: 0.173% 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 | $293,617 | $21,930 | — | $22,500 | — |
| 2023 | $301,615 | $16,500 | — | $22,000 | — |
| 2022 | $268,995 | — | — | — | $162,930 |