Plan Snapshot
- Plan Sponsor: Bd Of Trustees Of The Welfare Plan Locals 137,137a,137b,137c, And 137r
- Sponsor EIN: 131739714
- Sponsor Address: 1360 PLEASANTVILLE ROAD, BRIARCLIFF MANOR, NY, 10510
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 622
- Total Assets: $44.4M
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 | 622 | $44.4M | $0 | $0 |
| 2024 | 617 | $37.2M | $18.2M | $3.0M |
| 2023 | 610 | $36.1M | $19.5M | $3.3M |
| 2022 | 633 | $32.1M | $17.4M | $3.4M |
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 |
|---|---|---|---|---|
| BASIL CASTROVINCI ASSOCIATES INC. | Other Service Provider | $588,177 | — | $588,177 |
| SCHULTHEIS & PANETTIERI LLP | Other Service Provider | $181,189 | — | $181,189 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $170,210 | — | $170,210 |
| ALBERT WASSELL | Other Service Provider | $159,059 | — | $159,059 |
| SANDRA PATERRA | Other Service Provider | $93,800 | — | $93,800 |
| LEZA BURGESS | Other Service Provider | $87,687 | — | $87,687 |
| KATHLEEN O'NEILL | Other Service Provider | $72,690 | — | $72,690 |
| KAREN PASSIATORE | Other Service Provider | $70,729 | — | $70,729 |
| CLARITY TESTING | Other Service Provider | $57,082 | — | $57,082 |
| PINNACLE ASSOCIATES LTD | Investment Advisor | $38,718 | — | $38,718 |
| OPTUMRX, INC. | Other Service Provider | $30,499 | $5,556 | $36,055 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $30,834 | — | $30,834 |
| ROBERT M. CHEVERIE & ASSOC. P.C. | ERISA Attorney | $30,027 | — | $30,027 |
| TPA COMPUTER CORP | Other Service Provider | $25,800 | — | $25,800 |
| LOWER HUDSON VALLEY EAP | Other Service Provider | $18,972 | — | $18,972 |
| WELLS FARGO ADVISORS LLC | Investment Advisor | $16,027 | — | $16,027 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $15,451 | — | $15,451 |
| BARNES IACCARINO & SHEPHERD, LLP | Other Service Provider | $11,514 | — | $11,514 |
| HESS TECHNOLOGY CONSULTING | Other Service Provider | $9,309 | — | $9,309 |
| BERTONE IT | Other Service Provider | $5,702 | — | $5,702 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,719,032
- Estimated Expense Ratio: 3.873% 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 | $19,014,432 | $70,169 | — | $92,652 | — |
| 2024 | -$184,925 | $88,902 | — | $71,671 | — |
| 2023 | $674,977 | $73,205 | — | $58,392 | — |
| 2022 | $1,608,796 | $116,872 | — | — | $222,771 |