Plan Snapshot
- Plan Sponsor: United Association Local 7 Pension Plan
- Sponsor EIN: 912055384
- Sponsor Address: 18 AVIS DRIVE, LATHAM, NY, 121102605
- Plan Type: DB
- Plan Number: 001
- Total Participants: 842
- Total Assets: $281.0M
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 | 842 | $281.0M | $15.9M | $0 |
| 2023 | 853 | $256.7M | $15.2M | $0 |
| 2022 | 867 | $225.9M | $16.2M | $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 |
|---|---|---|---|---|
| NEW CENTURY ADVISORS LLC | Other Service Provider | $259,475 | — | $259,475 |
| SILVERCREST ASSET MANAGEMENT GROUP, | Other Service Provider | $154,172 | — | $154,172 |
| OAKTREE SENIOR LOAN FUND | Other Service Provider | $113,358 | — | $113,358 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $74,209 | — | $74,209 |
| MPC CAPITAL ADVISORS LLC | Other Service Provider | $62,722 | — | $62,722 |
| WESTWOOD TRUST | Other Service Provider | $56,890 | — | $56,890 |
| BOLTON PARTNERS NORTHEAST, INC. | Other Service Provider | $53,150 | — | $53,150 |
| BLITMAN & KING | Other Service Provider | $45,703 | — | $45,703 |
| MENGEL, METZGER, BARR, AND CO., LLP | Auditor | $37,050 | — | $37,050 |
| RYAN HEIMROTH | Recordkeeper | $31,489 | — | $31,489 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MENGEL, METZGER, BARR, AND CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $888,218
- Estimated Expense Ratio: 0.316% 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 | $1,166,229 | $779,348 | — | $37,050 | — |
| 2023 | $1,142,821 | $788,294 | — | $38,947 | — |
| 2022 | $993,976 | $666,977 | — | — | $120,746 |