Newtower Trust Company — Form 5500 Schedule C service provider compensation

Reported service provider summary

According to public Form 5500 Schedule C data published through public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Newtower Trust Company is reported as a service provider on 43 loaded Form 5500 filing(s) across 43 plan sponsor(s) and 43 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $4,642,231 and reported indirect compensation totals $2,027,248.

Reported compensation summary

Reported direct compensation
$4,642,231
Reported indirect compensation
$2,027,248
Total reported compensation
$6,669,479
Filings
43
Plan sponsors
43
Plans
43
Latest filing year
2023

Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.

Top plan sponsors by reported compensation

Plan sponsors reporting the most compensation to Newtower Trust Company
SponsorStatePlansReported compensation
Trustees Of The National Electrical Annuity PlanMD1$1,100,578
Trustees Of The Midwest Operating Engineers Pension Trust FundIL1$837,397
Carpenters Pension Trust Fund For Northern CaliforniaCA1$553,675
Bot Of Iuoe Stationary Engineers Local 39 Pension PlanCA1$532,017
Carpenters Annuity Trust Fund For Northern CaliforniaCA1$504,634
Board Of Trustees - Southern Electrical Retirement FundTN1$423,768
Board Of Trustees-New England Health Care Employees Pension FundCT1$385,826
Board Of Trustees, Eighth District Electrical PensionNV1$243,189
Electrical Workers Local No 26 Pension Trust FundMD1$207,699
Trustees, Plumbers' & Pipefitters' Local Pension FundMO1$169,494

State footprint

Plans reporting Newtower Trust Company are sponsored in TN (7), PA (7), MD (4), NJ (3), CA (3), AL (2), CT (2), FL (2), IL (2), NY (2), OH (2), WV (2).

Plans reporting this provider

Reported on these loaded Form 5500 filings
SponsorPlanYearDirect comp.Indirect comp.
Trustees Of The National Electrical Annuity PlanNational Electrical Annuity Plan2023$1,100,578$0
Trustees Of The Midwest Operating Engineers Pension Trust FundMidwest Operating Engineers Pension Trust Fund2023$837,397not reported in the loaded dataset
Carpenters Pension Trust Fund For Northern CaliforniaCarpenters Pension Trust Fund For Northern California2023$553,675$0
Bot Of Iuoe Stationary Engineers Local 39 Pension PlanIuoe Stationary Engineers Local 39 Pension Plan2023$532,017$0
Carpenters Annuity Trust Fund For Northern CaliforniaCarpenters Annuity Trust Fund For Northern California2023$504,634$0
Board Of Trustees - Southern Electrical Retirement FundSouthern Electrical Retirement Fund2023$0$423,768
Board Of Trustees-New England Health Care Employees Pension FundNew England Health Care Employees Pension Plan2023$0$385,826
Board Of Trustees, Eighth District Electrical PensionEighth District Electrical Pension Fund2023$243,189not reported in the loaded dataset
Electrical Workers Local No 26 Pension Trust FundElectrical Workers Local No. 26 Pension Fund2023$207,699not reported in the loaded dataset
Trustees, Plumbers' & Pipefitters' Local Pension FundPlumbers' & Pipefitters' Local Union 562 Pension Fund2023$0$169,494
Board Of Trustees International Brotherh Electrical Workers Pension PlInternational Brotherhood Of Electrical Workers Local Union 98 Pension Plan2023$0$152,399
Carpenters Pension Fund Of West VirginiaCarpenters Pension Fund Of West Virginia2023$120,400not reported in the loaded dataset
Ibew Lu 654 Pension Fund TrusteesI.B.E.W. Local Union # 654 - Defined Benefit Pension Plan2023$0$112,452
Bd Trustees Ret And Pension Plan For Officers AndRetirement And Pension Plan For Officers & Employees Of The Nycdcc And Related Organizations2023$0$102,083
Plumbers & Steamfitters Local 43 Pension FundPlumbers & Steamfitters Local 43 Pension Fund2023$0$94,383
Northwest Bricklayers Pension TrustNorthwest Bricklayers Pension Plan2023not reported in the loaded dataset$92,535
Pension Fund For Hospital And Health Care EmployeesPension Fund For Hospital And Health Care Employees, Philadelphia And Vicinity2023$0$81,142
Tennessee/North Carolina Carpenters And Millwrights PensionTennessee/North Carolina Carpenters And Millwrights Pension Fund2023$0$75,468
Ibew Local 98 Health & Welfare Plan Board OfIbew Local 98 Health & Welfare Plan2023$0$74,538
Trustees Of Plumbers & Pipefitters Lu 421 Pension Fund TrustPlumbers & Pipefitters Lu 421 Pension Fund Trust2023$70,467not reported in the loaded dataset
Board Of Trustees Insulators Local No. 2 Pension PlanInsulators Local No. 2 Pension Plan2023$67,638$0
B.A.C. Local No. 4 Pension FundBricklayers & Allied Craftworkers Local No. 4 Of New Jersey Pension Plan2023$57,978not reported in the loaded dataset
Ibew 648 Pension PlanIbew 648 Pension Plan2023$57,904not reported in the loaded dataset
Board Of Trustees Ibew Local 56 Pension PlanIbew Local 56 Pension Plan2023$56,266$0
Mechanical Contractors Ua Local 119 Pension PlanMechanical Contractors Ua Local 119 Pension Plan2023$51,945$0
Board Of Trustees Pension Plan Of Steamfitters Pension Fund Local 475Pension Plan Of Steamfitters Pension Fund 4752023$44,126$0
Board Of Trustees Hagerstown Motor Carriers AndHagerstown Motor Carriers And Teamsters Pension Plan2023$0$43,465
Operating Eng. Local 474 Defined ContributionOperating Eng. Local 474 Defined Contribution2023$0$41,892
Trustees Of The Laundry,Dry Cleaning Wo Rkers And Allied Industries ReLaundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United2023$0$37,301
Board Of Trustees - Tri-State Carpenters And Joiners PensionTri-State Carpenters And Joiners Pension Trust Fund2023$0$36,652
Communications Workers Of America, Afl-Cio, ClcCommunications Workers Of America Plan For Employees' Pensions2023$30,890not reported in the loaded dataset
Joint Board Of Trustees - Plumbers Local Union No. 17 Pension PlanPlumbers Local Union No. 17 Pension Plan2023$0$27,417
Sheet Metal Workers Local Union No. 32 Pension Trust FundSheet Metal Workers Local Union No. 32 Pension Trust Fund2023$22,359not reported in the loaded dataset
Board Of Trustees Of The Marble,Tile And TerrazzoMarble, Tile, And Terrazzo Workers Pension Fund2023$0$21,867
Plumbers & Steamfitter Local 83Plumbers & Steamfitters Local 83 Pension Fund2023$21,193$0
Bd Of Trustees-Heat & Frost Insulators And Allied Workers Local 6 PenHeat & Frost Insulators And Allied Workers Local 6 Pension Fund2023$0$20,475
Board Of Trustees Of The Birmingham P & S Lu 91 PfBirmingham P & S Local Union No. 91 Pension Fund2023$19,028not reported in the loaded dataset
Board Of Trustees Of Allied Workers Local 48 Pension FundAllied Workers Local 48 Pension Plan2023$0$18,316
Board Of Trustes-New England Health Care Empl Welfare FdNew England Health Care Employees Welfare Plan2023$0$15,775
Joint Board Of Trustees Of Bac Local 23 North Shore ChapterBac Local 23 North Shore Chapter Pension Fund2023$15,104not reported in the loaded dataset
Ibew Local # 98 Sound And Communication Workers Health And Welfare PlaInternational Brotherhood Of Electrical Workers Ibew 98 Sound & Communication Workers Health & Welfare Fund2023$14,971$0
United Association Of Plumbers Local 360Plumbers Local 360 Pension Plan2023$8,033not reported in the loaded dataset
Profit Sharing Plan And Trust Ibew No. 573 Pension Trust FundIbew Local Union 573 Profit Sharing Plan And Trust2023$4,740$0

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