Plan Snapshot
- Plan Sponsor: Allied Workers Local No. 26 Welfare Fund
- Sponsor EIN: 223050907
- Sponsor Address: 4348 CULVER ROAD SUITE 3, ROCHESTER, NY, 14622
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 47
- Total Assets: $3.7M
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 | 47 | $3.7M | $846,944 | $134,169 |
| 2023 | 48 | $3.3M | $837,956 | $145,378 |
| 2022 | 47 | $2.9M | $723,835 | $138,742 |
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 |
|---|---|---|---|---|
| INTL ASSN LOCAL NO. 26 PENSION PLAN | Other Service Provider | $76,996 | — | $76,996 |
| BONADIO & CO., LLP | Auditor | $14,930 | — | $14,930 |
| BOLTON PARTNERS, INC. | Other Service Provider | $8,000 | — | $8,000 |
| IAOH&F INSULATORS LOCAL 26 | Other Service Provider | $7,471 | — | $7,471 |
| ROBERT PIZZO, ESQ. | Other Service Provider | $6,540 | — | $6,540 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,937
- Estimated Expense Ratio: 3.092% 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 | $120,467 | $6,391 | — | $14,930 | — |
| 2023 | $109,658 | $5,750 | — | $14,930 | — |
| 2022 | $107,991 | $1,731 | — | — | $32,119 |