Plan Snapshot
- Plan Sponsor: Trustees Roofers And Slaters Local 248 Union
- Sponsor EIN: 042316465
- Sponsor Address: 595 SOUTHAMPTON RD, WESTFIELD, MA, 010851329
- Plan Type: DB
- Plan Number: 001
- Total Participants: 39
- Total Assets: $4.4M
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 | 39 | $4.4M | $393,290 | $0 |
| 2023 | 44 | $4.9M | $382,283 | $0 |
| 2022 | 29 | $5.1M | $350,004 | $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 |
|---|---|---|---|---|
| MCKEOGH COMPANY | Actuary | $50,410 | — | $50,410 |
| BOSTON TRUST WALDEN COMPANY | Investment Advisor | $19,273 | — | $19,273 |
| LAPIER, DILLON & ASSOCIATES, P.C. | Auditor | $12,793 | — | $12,793 |
| FIRST STATE | Investment Advisor | $10,029 | — | $10,029 |
| KARA ADAMITES | Recordkeeper | $7,161 | — | $7,161 |
| SEGAL ROITMAN LLP | ERISA Attorney | $5,044 | — | $5,044 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,710
- Estimated Expense Ratio: 2.358% 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 | $172,095 | $29,303 | — | $12,793 | — |
| 2023 | $186,567 | $32,773 | — | $10,500 | — |
| 2022 | $164,710 | $35,171 | $70,746 | — | $58,793 |