Plan Snapshot
- Plan Sponsor: Amalgamated Life Insurance Company Employee Benefit Fund
- Sponsor EIN: 137214520
- Sponsor Address: 333 WESTCHESTER AVE, WHITE PLAINS, NY, 106042910
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 141
- Total Assets: $15.0M
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 | 141 | $15.0M | $0 | $0 |
| 2023 | 148 | $13.6M | $0 | $0 |
| 2022 | 148 | $12.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | $22,516 | — | $22,516 |
| CYNOMYS, INC. | Actuary | $12,155 | — | $12,155 |
| ALLIANT INSURANCE SERVICE INC. | Investment Advisor | $7,949 | — | $7,949 |
| AMALGAMATED LIFE INSURANCE COMPANY | Recordkeeper | $7,700 | — | $7,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
- AMALGAMATED LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,320
- Estimated Expense Ratio: 0.335% 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 | $64,910 | $12,970 | $7,700 | $22,516 | — |
| 2023 | $98,956 | $16,630 | $7,892 | $20,000 | — |
| 2022 | $71,386 | $16,794 | $8,253 | — | $37,087 |