Plan Snapshot
- Plan Sponsor: Bd Of Trustees Amc & Rfseu Group Legal Services Fund
- Sponsor EIN: 112547525
- Sponsor Address: 1461 LAKELAND AVE. SUITE 1, BOHEMIA, NY, 11716
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 6,439
- Total Assets: $4.0M
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 | 6,439 | $4.0M | $1.1M | $0 |
| 2023 | 6,392 | $3.8M | $1.1M | $0 |
| 2022 | 5,607 | $3.7M | $1.0M | $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 |
|---|---|---|---|---|
| SIMON & MILNER | Other Service Provider | $503,029 | — | $503,029 |
| AMCU & RFSEU LOCAL 342 WELFARE FUND | Other Service Provider | $332,000 | — | $332,000 |
| UFCW LOCAL 342 UNION | Other Service Provider | $96,000 | — | $96,000 |
| NOVAK FRANCELLA LLC | Auditor | $15,874 | — | $15,874 |
| PROSKAUER ROSE, LLP | Other Service Provider | $14,256 | — | $14,256 |
| RONALD STRACI, ESQ | Other Service Provider | $6,250 | — | $6,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $967,409
- Estimated Expense Ratio: 24.446% 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 | $818,421 | $3,492 | — | $15,874 | — |
| 2023 | $716,092 | $3,517 | — | $14,025 | — |
| 2022 | $255,483 | — | — | — | $37,892 |