Plan Snapshot
- Plan Sponsor: Bd Of Trustees Welfare Fd Of The Iuoe Lo Unions 15, 15a, 15c, 15d
- Sponsor EIN: 136694320
- Sponsor Address: 44-40 11TH STREET, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,854
- Total Assets: $167.0M
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. |
|---|---|---|---|---|
| 2025 | 2,854 | $167.0M | $0 | $0 |
| 2024 | 2,956 | $132.2M | $95.5M | $38.5M |
| 2023 | 2,862 | $109.0M | $82.0M | $31.2M |
| 2022 | 2,861 | $87.1M | $71.9M | $29.1M |
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 |
|---|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE, INC. | Other Service Provider | $2,344,155 | — | $2,344,155 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $511,442 | — | $511,442 |
| CVS PHARMACY, INC. | Other Service Provider | $402,697 | — | $402,697 |
| CATHERINE CHASE | Other Service Provider | $396,825 | — | $396,825 |
| YASIR I. ELTAYEB | Other Service Provider | $263,992 | — | $263,992 |
| WILLIAM G. STANTON | Other Service Provider | $246,282 | — | $246,282 |
| RICHARD A. LOPEZ | Other Service Provider | $211,062 | — | $211,062 |
| BRADY MCGUIRE & STEINBERG, PC | ERISA Attorney | $183,044 | — | $183,044 |
| VINCENT E. TURANO | Other Service Provider | $178,120 | — | $178,120 |
| FLORENCE CHASE | Other Service Provider | $132,305 | — | $132,305 |
| FRIDA DAVYDOV | Other Service Provider | $118,546 | — | $118,546 |
| TELEMEDICINE MANAGEMENT, INC., DBA | Other Service Provider | $108,261 | — | $108,261 |
| VANESSA D. ITURRALDE | Other Service Provider | $93,316 | — | $93,316 |
| EFRAIN A. SEGOVIA | Other Service Provider | $81,568 | — | $81,568 |
| JENNIFER M. MARINO | Other Service Provider | $80,665 | — | $80,665 |
| MICHELLE A. PAONE | Other Service Provider | $80,658 | — | $80,658 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $80,250 | — | $80,250 |
| LETICIA GONZALES | Other Service Provider | $75,089 | — | $75,089 |
| MOHAMED K. KARAMALI | Other Service Provider | $74,926 | — | $74,926 |
| OLIVIA R. ADAMO | Other Service Provider | $71,960 | — | $71,960 |
| ANGEL N. MALDONADO | Other Service Provider | $70,602 | — | $70,602 |
| ANZHELLA IZRAILOVA | Other Service Provider | $67,307 | — | $67,307 |
| DENISSE A. ITURRALDE | Other Service Provider | $57,189 | — | $57,189 |
| JENNIFER Y. LIMBACKER THORNE | Other Service Provider | $31,125 | — | $31,125 |
| ADRIANA MASKOVA-OLIVA | Other Service Provider | $29,404 | — | $29,404 |
| KORINNE L. ROSSI | Other Service Provider | $25,719 | — | $25,719 |
| WELLS FARGO ADVISORS | Other Service Provider | $25,000 | — | $25,000 |
| EVEREADY GRAPHICS | Other Service Provider | $14,306 | — | $14,306 |
| MOSAIC DATA SERVICES INC. | Other Service Provider | $10,973 | — | $10,973 |
| CLARKE & SAMPSON, INC. | Insurance Carrier | — | $9,649 | $9,649 |
| BRADLEY MKTG/DELUXE | Other Service Provider | $8,714 | — | $8,714 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,085,151
- Estimated Expense Ratio: 3.645% 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 | $117,466,369 | $25,000 | — | $272,032 | — |
| 2024 | $2,465,747 | $25,000 | — | $75,830 | — |
| 2023 | $2,598,931 | $56,431 | — | $75,830 | — |
| 2022 | $2,598,660 | $158,480 | — | — | $466,445 |