Plan Snapshot
- Plan Sponsor: Bd Of Trustees Retiree Plan Of The Iuoe Local 137 Welfare Fund
- Sponsor EIN: 131739714
- Sponsor Address: 1360 PLEASANTVILLE ROAD, BRIARCLIFF MANOR, NY, 10510
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 241
- Total Assets: $41,163
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 | 241 | $41,163 | $0 | $0 |
| 2024 | 240 | $10,000 | $2.4M | $0 |
| 2023 | 246 | $11,772 | $1.7M | $0 |
| 2022 | 252 | $27,919 | $1.5M | $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 | $10,500 | — | $10,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,500
- Estimated Expense Ratio: 25.508% 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 | $1,479,278 | — | — | — | — |
| 2024 | $76,178 | — | — | — | — |
| 2023 | $58,075 | — | — | — | — |
| 2022 | $46,880 | — | — | — | — |