New Jersey › Transportation and warehousing › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Management-Labor Pension Fund Local 1730 Ila
Sponsored by Management-Labor Pension Fund Local 1730 Ila, West Trenton, NJ
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Management-Labor Pension Fund Local 1730 Ila covered 383 participants and held $59.6M in net assets. The plan is a defined benefit pension plan sponsored by Management-Labor Pension Fund Local 1730 Ila of West Trenton, New Jersey. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $155,653 per participant, well above the $87,254 median for defined benefit plans with 250 to 499 participants and well above the $94,853 median for defined benefit plans in transportation and warehousing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $0 for the year and benefits paid were $3.1M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 9 service provider organisations paid $5,000 or more, with reported compensation of $593K: $1,548 per participant, well above the same-size median of $413. Administrative expenses charged to the plan were $2.3M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $34.6M in 2009 to $59.6M in 2024 (up 72%), and participants from 614 to 383 (down 38%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $155,653 | $87,254 | $94,853 | $86,221 |
| Employer contributions per active participant | — | $11,032 | $12,821 | $10,244 |
| Schedule C compensation per participant | $1,548 | $413 | $425 | $344 |
| Schedule C compensation, share of net assets | 0.99% | 0.51% | 0.43% | 0.42% |
| Administrative expenses per participant | $5,987 | $596 | $650 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 250 to 499 participants (873 plans), transportation and warehousing (227) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 383 | $59.6M | $155,653 | $0 | — | $593K |
| 2023 | 399 | $64.1M | $160,549 | $88K | — | $246K |
| 2022 | 411 | $62.4M | $151,805 | $171K | — | $176K |
| 2021 | 435 | −$1.6M | −$3,740 | $189K | — | $204K |
| 2020 | 454 | $390K | $859 | $178K | — | $134K |
| 2019 | 478 | $3.0M | $6,345 | $209K | — | $168K |
| 2018 | 478 | $5.8M | $12,230 | $197K | — | $177K |
| 2017 | 505 | $9.2M | $18,242 | $222K | — | $171K |
| 2016 | 535 | $11.8M | $21,974 | $220K | — | $227K |
| 2015 | 533 | $14.7M | $27,523 | $216K | — | $292K |
| 2014 | 540 | $18.6M | $34,419 | $244K | — | $303K |
| 2013 | 555 | $21.5M | $38,692 | $246K | — | $238K |
| 2012 | 571 | $23.5M | $41,086 | $241K | — | $268K |
| 2011 | 576 | $26.6M | $46,175 | $146K | — | $277K |
| 2010 | 595 | $31.1M | $52,193 | $711K | — | $246K |
| 2009 | 614 | $34.6M | $56,396 | $625K | — | $234K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$64,059,096
- Employer contributions$0
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$946,475
- Benefits paid$3,097,462
- Administrative expenses$2,293,014
- Total expenses$5,390,476
- Net income−$4,444,001
- Net transfers$0
- Net assets, end of year$59,615,095
Participants
- Active participants0
- Retired or separated, receiving benefits174
- Retired or separated, entitled to future benefits149
- Total participants, end of year383
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Groom Law Group, Chartered | Legal | $205,770 | $0 |
| Loomis & Sayles | Investment management | $148,514 | $0 |
| The Segal Company | Actuarial; Consulting (general) | $71,602 | $0 |
| David New, P.C. | Legal | $67,336 | $0 |
| I.E. Shaffer & Co. | Contract Administrator | $38,160 | $0 |
| Quan-Vest Consultants, Inc. | Investment advisory (plan) | $24,000 | $0 |
| Amalgamated Bank | Custodial (securities) | $18,165 | $0 |
| MSPC | Accounting (including auditing) | $12,395 | $0 |
| Marrinan & Mazzola Mardon, P.C. | Legal | $7,080 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,696,792
- Legal fees$280,186
- Investment advisory and management fees$172,514
- Actuarial fees$71,602
- Contract administrator fees$38,160
- Trustee and custodial fees$18,165
- IQPA audit fees$12,395
- Other trustee fees and expenses$3,200
- Total administrative expenses$2,293,014
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Corporate debt instruments$52.2M · 85.1%
- U.S. Government securities$5.1M · 8.3%
- Cash (interest and non-interest bearing)$2.1M · 3.4%
- Registered investment companies (mutual funds)$1.3M · 2.1%
- Receivables$747K · 1.2%
- Buildings and other property used in plan operation$1,966 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmMSPC Cpa's & Advisors
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $3,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 488490: Other Support Activities for Road Transportation.
Similar plans in New Jersey
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Nysa-Ppgu Pension Fund & Plan | Board of Trustees | 483 | $52.4M | $108,572 |
| Maher Terminals LLC Pension Trust | Maher Terminals LLC | 280 | $98.0M | $349,977 |
| Inland Pension Fund | Board of Trustees Inland Pension Fund | 675 | $20.6M | $30,466 |
| Local 177 Union Pension Plan | Dept Store Drivers Warehousemen Helpers Local 177 Union | 224 | $15.6M | $69,452 |
| Teamsters Local 617 Pension Fund | Board of Trustees of Teamsters Local 617 Pension Fund | 778 | $160M | $205,701 |
| Lakeland Bus Lines, Inc. Retirement Plan and Trust | Lakeland Bus Lines, Inc. | 163 | $17.6M | $108,037 |
Defined benefit plans in transportation and warehousing closest in size.
Questions and answers
How big is Management-Labor Pension Fund Local 1730 Ila?
383 participants at the end of the plan year ending 31 Dec 2024, of whom 0 were active employees, with net assets of $59,615,095. Among defined benefit plans that places it in the 250 to 499 participants band, which held 873 plans in plan year 2024.
What does Management-Labor Pension Fund Local 1730 Ila contribute per participant?
The filing reports $0 in employer contributions for the year; the median for plans of the same type and size was $11,032 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $593,022 in compensation to service provider organisations, $1,548 per participant or 0.99% of net assets. The same-size median among plans reporting any Schedule C compensation was $413 per participant. Administrative expenses on Schedule H were $2,293,014. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Management-Labor Pension Fund Local 1730 Ila. Recordkeeping or administration: I.E. Shaffer & Co.. Investment advisory or management: Loomis & Sayles and Quan-Vest Consultants, Inc.. Trustee or custodian: Amalgamated Bank. The financial statements were audited by MSPC Cpa's & Advisors. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 6 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-6086163, plan 001, received 6 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.