Retirement plan

NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN

Name: BOARD OF TRUSTEES - NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN (2024) Form 5500
Creator: BOARD OF TRUSTEES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN, BOARD OF TRUSTEES

BOARD OF TRUSTEESdba NYSA-ILA MONEY PURCH PENS FD & PLANEIN 13-3769078Plan #004PY 2024

10 EXCHANGE PLACE - JERSEY CITY, NJ 07302201-479-3360

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$936.2M

+18.9% from 2023

Total participants

4,970

-2.5% from 2023

Average account balance

$201,632

+30.5% from 2023

Annual return

13.63%

-0.03 pp from 2023

Benchmarks

See 266 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort266 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$936.18M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

4,643

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.

93.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
NYSA-ILA PENSION TRUST FD9 years Service code 49 · EIN 13-5652028 10 EXCHANGE PLACE · JERSEY CITY, NJ 07302	Other Services	$745,605
REYNOLDS CONSULTING SERVICES10+ years Filed as: REYNOLDS CONSULTING SVCS, LLC Service code 17 · EIN 20-1899564 25 NEWBRIDGE ROAD · HICKSVILLE, NY 11801	Pension Consulting	$185,794
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 200 BERKELEY STREET · BOSTON, MA 021165010	Recordkeeping	$33,768
THE LAMBOS FIRM, LLP10+ years Service code 29 · EIN 13-3864093 300 SOUTH BROADWAY · TARRYTOWN, NY 10591	Legal	$28,878
DESENA & COMPANY CPAS10+ years Filed as: DESENA & CO, CPAS, LLC Service code 10 · EIN 20-0609534 100 EAGLE ROCK AVENUE · EAST HANOVER, NJ 07936	Accounting	$17,770
ROLLS OFFSET FINANCIAL PRINTING,LLC4 years Filed as: ROLLS OFFSET FINANCIAL PRINTING LLC Service code 36 · EIN 27-3554928 264 CASTLE TERRACE · LYNDHURST, NJ 07071	Copying and duplicating	$9,452
MARRINAN & MAZZOLA MARDON P.C.2 years Filed as: MAZZOLA MARDON P.C. Service code 29 · EIN 13-3303633 26 BROADWAY · NEW YORK, NY 10004	Legal	$0

Plan features & details

Pension benefit codes2C2F2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$222 / participant

Investment mgmt$186K18.0%
Legal$29K2.8%
Other / not subdivided$818K79.2%

% of EOY assets

0.110%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: DESENA & COMPANY CPAS, LLC
Auditor EIN: 200609534
Audit fees: $17,770
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,632

$81,357+147.8%

$75,972+165.4%

$199,593+1.0%

Participation rate

93.0%

69.9%+23.0pp

69.1%+23.9pp

72.0%+21.0pp

Annual return

13.63%

16.32%-2.7pp

359.55%-345.9pp

34.25%-20.6pp

Employer contribution / active EE

$13,548

$3,341+305.5%

$2,685+404.6%

$3,034+346.5%

Participant deferral / active EE

$4,710-100.0%

$4,255-100.0%

$5,087-100.0%

Admin fee / account holder

$222

$144+53.9%

$6,467-96.6%

$269-17.3%

Provider

Service type

Compensation

NYSA-ILA PENSION TRUST FD9 years

Service code 49 · EIN 13-5652028

10 EXCHANGE PLACE · JERSEY CITY, NJ 07302

Other Services

$745,605

REYNOLDS CONSULTING SERVICES10+ years

Filed as: REYNOLDS CONSULTING SVCS, LLC

Service code 17 · EIN 20-1899564

25 NEWBRIDGE ROAD · HICKSVILLE, NY 11801

Pension Consulting

$185,794

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC

Service code 15 · EIN 01-0233346

200 BERKELEY STREET · BOSTON, MA 021165010

Recordkeeping

$33,768

THE LAMBOS FIRM, LLP10+ years

Service code 29 · EIN 13-3864093

300 SOUTH BROADWAY · TARRYTOWN, NY 10591

Legal

$28,878

DESENA & COMPANY CPAS10+ years

Filed as: DESENA & CO, CPAS, LLC

Service code 10 · EIN 20-0609534

100 EAGLE ROCK AVENUE · EAST HANOVER, NJ 07936

Accounting

$17,770

ROLLS OFFSET FINANCIAL PRINTING,LLC4 years

Filed as: ROLLS OFFSET FINANCIAL PRINTING LLC

Service code 36 · EIN 27-3554928

264 CASTLE TERRACE · LYNDHURST, NJ 07071

Copying and duplicating

$9,452

MARRINAN & MAZZOLA MARDON P.C.2 years

Filed as: MAZZOLA MARDON P.C.

Service code 29 · EIN 13-3303633

26 BROADWAY · NEW YORK, NY 10004

Legal

NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NYSA-ILA MONEY PURCHASE PENSION FUND AND PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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