Plan Snapshot
- Plan Sponsor: Bd Of Trustees Of Paul Collins Jr. Scholarship Fund
- Sponsor EIN: 113281606
- Sponsor Address: 50-02 5TH STREET, STE A, LONG ISLAND CITY, NY, 11101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 199
- Total Assets: $691,960
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. |
|---|---|---|---|---|
| 2025 | 199 | $691,960 | $0 | $0 |
| 2024 | 220 | $659,126 | $30,160 | $622 |
| 2023 | 202 | $639,328 | $29,839 | $0 |
| 2022 | 217 | $626,189 | $31,819 | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $14,000 | — | $14,000 |
| COLLERAN, O'HARA & MILLS LLP | ERISA Attorney | $5,245 | — | $5,245 |
| REYNOLDS CONSULTING | Other Service Provider | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,245
- Estimated Expense Ratio: 3.504% 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 |
|---|---|---|---|---|---|
| 2025 | $107,434 | $6,082 | — | $14,000 | — |
| 2024 | $59,447 | $6,066 | — | $12,000 | — |
| 2023 | $60,229 | $6,041 | — | $12,000 | — |
| 2022 | $49,244 | $6,020 | — | — | $18,944 |