Plan Snapshot
- Plan Sponsor: Trustees Of Teamsters Local No. 469 Annuity Fund Trust
- Sponsor EIN: 222980666
- Sponsor Address: 3400 ROUTE 35, SUITE 8, HAZLET, NJ, 077301247
- Plan Type: DC
- Total Participants: 236
- Total Assets: $41.3M
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 | 236 | $41.3M | $3.4M | $0 |
| 2023 | 242 | $40.3M | $3.4M | $0 |
| 2022 | 254 | $38.6M | $3.2M | $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 |
|---|---|---|---|---|
| CHARTWELL INVESTMENT PARTNERS | NONE | $63,805 | — | $63,805 |
| FABIAN & BYRN, LLC | NONE | $59,105 | — | $59,105 |
| HARDMAN JOHNSTON GLOBAL ADVISORS | NONE | $26,133 | — | $26,133 |
| MSPC | ACCT FOR LOCAL 469 | $21,442 | — | $21,442 |
| INNOVATIVE SOFTWARE SOLUTIONS, INC. | NONE | $18,924 | — | $18,924 |
| INVESTMENT PERFORMANCE SERVICES LLC | NONE | $15,000 | — | $15,000 |
| O'SULLIVAN ASSOCIATES, INC | NONE | $8,800 | — | $8,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC — ACCT FOR LOCAL 469
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $213,209
- Estimated Expense Ratio: 0.517% 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 | $282,417 | $104,939 | $59,105 | $4,000 | — |
| 2023 | $232,512 | $97,752 | $7,812 | $11,060 | — |
| 2022 | $239,774 | $85,955 | $47,923 | — | $31,384 |