Retirement plan

PENSION PLAN PRIVATE SANITATION UNION LOCAL 813 IBT

Name: BOARD OF TRUSTEES OF PENSION FUND PRIVATE SANITATION UNION LOCAL 813 I - PENSION PLAN PRIVATE SANITATION UNION LOCAL 813 IBT (2024) Form 5500
Creator: BOARD OF TRUSTEES OF PENSION FUND PRIVATE SANITATION UNION LOCAL 813 I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENSION PLAN PRIVATE SANITATION UNION LOCAL 813 IBT, BOARD OF TRUSTEES OF PENSION FUND PRIVATE SANITATION UNION LOCAL 813 I

BOARD OF TRUSTEES OF PENSION FUND PRIVATE SANITATION UNION LOCAL 813 IEIN 13-1975659Plan #001PY 2024

48-18 VAN DAM STREET, SUITE 201 - LONG ISLAND CITY, NY 111013107718-937-7150

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$278.7M

-6.6% from 2016

Total participants

3,308

+1.4% from 2016

Average account balance

No prior year

Annual return

71.43%

-10.47 pp from 2016

Benchmarks

See 1,337 peers

Peer group

Industryany (size+type match)

Plan typeDefined benefit

Participants250-999

Cohort1,337 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$278.69M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$84K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,818

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+71.43%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 17 by compensation

Provider	Service type	Compensation
PROSKAUER ROSE LLP2 years Service code 29 · EIN 13-1840454	Legal	$697,922
O'SULLIVAN ASSOCIATES2 years Service code 11	Actuarial	$62,163
ANDREW FAIR, ESQ.3 years Filed as: ANDREW ANDERSON Service code 30 · EIN 13-1975659	Direct payment from the plan; Employe...	$61,431
SHANAE JOHNSON3 years Service code 30 · EIN 13-1975659	Employee (plan); Direct payment from ...	$61,121
QUAN-VEST CONSULTANTS, INC.3 years Service code 27 · EIN 11-2559669	Advisory (Plan)	$51,181
THE BANK OF NEW YORK MELLON10+ years Service code 50 · EIN 13-5160382	Direct Payment	$50,235
CALIBRE CPA GROUP PLLC8 years Service code 10 · EIN 47-0900880	Accounting	$47,872
DOMINICK GIGLIO4 years Service code 30 · EIN 13-1975659	Employee (plan); Direct payment from ...	$41,991
TOCQUEVILLE ASSET MANAGEMENT7 years Service code 28 · EIN 13-3547557	Investment Management	$39,292
C AND S CONSULTING3 years Service code 20 · EIN 87-2270288	Direct payment from the plan; Trustee...	$38,400

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1B

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$3711 / participant

Trustee / custodial$15K0.8%
Investment mgmt$313K17.2%
Legal$413K22.7%
Actuarial$59K3.2%
Salaries / allowances$437K24.0%
Other trustee fees$82K4.5%
Other / not subdivided$499K27.4%

% of EOY assets

0.653%

all-in expense ratio

Categories reported

6 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP, PLLC
Auditor EIN: 470900880
Audit fees: $47,872
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$290,873-100.0%

Participation rate

0.0%

0.0%0pp

27.8%-27.8pp

0.0%0pp

Annual return

71.43%

8.76%+62.7pp

7.19%+64.2pp

8.76%+62.7pp

Employer contribution / active EE

$14,850

$16,664-10.9%

$35,958-58.7%

$16,664-10.9%

Participant deferral / active EE

$948-100.0%

$162-100.0%

$948-100.0%

Admin fee / account holder

$1,724-100.0%

Provider

Service type

Compensation

PROSKAUER ROSE LLP2 years

Service code 29 · EIN 13-1840454

Legal

$697,922

O'SULLIVAN ASSOCIATES2 years

Service code 11

Actuarial

$62,163

ANDREW FAIR, ESQ.3 years

Filed as: ANDREW ANDERSON

Service code 30 · EIN 13-1975659

Direct payment from the plan; Employe...

$61,431

SHANAE JOHNSON3 years

Service code 30 · EIN 13-1975659

Employee (plan); Direct payment from ...

$61,121

QUAN-VEST CONSULTANTS, INC.3 years

Service code 27 · EIN 11-2559669

Advisory (Plan)

$51,181

THE BANK OF NEW YORK MELLON10+ years

Service code 50 · EIN 13-5160382

Direct Payment

$50,235

CALIBRE CPA GROUP PLLC8 years

Service code 10 · EIN 47-0900880

Accounting

$47,872

DOMINICK GIGLIO4 years

Service code 30 · EIN 13-1975659

Employee (plan); Direct payment from ...

$41,991

TOCQUEVILLE ASSET MANAGEMENT7 years

Service code 28 · EIN 13-3547557

Investment Management

$39,292

C AND S CONSULTING3 years

Service code 20 · EIN 87-2270288

Direct payment from the plan; Trustee...

$38,400

PENSION PLAN PRIVATE SANITATION UNION LOCAL 813 IBT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENSION PLAN PRIVATE SANITATION UNION LOCAL 813 IBT

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion