Plan Snapshot
- Plan Sponsor: Trustees Of The Laundry,Dry Cleaning Wo Rkers And Allied Industries Re
- Sponsor EIN: 135521921
- Sponsor Address: 333 WESTCHESTER AVENUE, WHITE PLAINS, NY, 106042910
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,995
- Total Assets: $193.3M
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 | 1,995 | $193.3M | $2.2M | $0 |
| 2023 | 2,130 | $186.2M | $2.0M | $0 |
| 2022 | 2,158 | $174.4M | $2.1M | $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 |
|---|---|---|---|---|
| SCHULTE ROTH & ZABEL LLP | ERISA Attorney | $606,652 | — | $606,652 |
| AMALGAMATED EMPOYEE BENEFITS ADMINI | Other Service Provider | $463,466 | — | $463,466 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $120,964 | — | $120,964 |
| LAZARD ASSET MANAGEMENT LLC | Other Service Provider | $111,512 | — | $111,512 |
| LSV ASSET MANAGEMENT | Other Service Provider | $104,294 | — | $104,294 |
| MARINER INSTITUTIONAL, LLC | Other Service Provider | $63,750 | — | $63,750 |
| NOVAK FRANCELLA LLC | Auditor | $47,000 | — | $47,000 |
| HARDMAN JOHNSTON GLOBAL ADVISOR | Other Service Provider | $42,215 | — | $42,215 |
| NEWTOWER TRUST COMPANY | Other Service Provider | — | $33,908 | $33,908 |
| HAMILTON LANE ADVISORS LLC | Other Service Provider | — | $28,666 | $28,666 |
| SS&C TECHNOLOGIES | Other Service Provider | — | $25,501 | $25,501 |
| ALIGRAPHICS, A DIVISION OF AEBA | Other Service Provider | $22,812 | — | $22,812 |
| LANDMARK EQUITY ADVISERS LLC | Other Service Provider | — | $21,573 | $21,573 |
| AMALGAMATED BANK | Other Service Provider | $17,639 | — | $17,639 |
| CRYSTAL IBC LLC | Other Service Provider | — | $11,234 | $11,234 |
| LAUNDRY DRY CLEANING HEALTH FUND | Other Service Provider | $6,900 | — | $6,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTE ROTH & ZABEL LLP — ERISA Attorney
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,728,086
- Estimated Expense Ratio: 0.894% 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 | $2,026,106 | $434,889 | $346,466 | $47,000 | — |
| 2023 | $1,651,532 | $436,895 | $356,841 | $47,000 | — |
| 2022 | $1,660,769 | $456,732 | $374,326 | — | $410,938 |