Plan Snapshot
- Plan Sponsor: Board Of Trustees
- Sponsor EIN: 111708617
- Sponsor Address: 325 73RD STREET, BROOKLYN, NY, 112092503
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 788
- Total Assets: $5.2M
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 | 788 | $5.2M | $4.8M | $2,050 |
| 2023 | 697 | $5.1M | $4.8M | $29,026 |
| 2022 | 650 | $4.7M | $4.7M | $25,515 |
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 |
|---|---|---|---|---|
| LEAGUE OF INTERNATIONAL FEDERATED | Other Service Provider | $588,577 | — | $588,577 |
| JOHN N MONGELLO | Recordkeeper | $344,144 | — | $344,144 |
| JESSICA GAMBINO | Recordkeeper | $192,623 | — | $192,623 |
| ADEPTUS PARTNERS CPAS, LLC | Other Service Provider | $91,855 | — | $91,855 |
| DEBORAH J SPADARO | Recordkeeper | $89,265 | — | $89,265 |
| EMPIRX HEALTH | Other Service Provider | $81,323 | — | $81,323 |
| MONICA OLSZEWSKI | Recordkeeper | $78,337 | — | $78,337 |
| PHYLLIS E SCAFIDI | Recordkeeper | $76,049 | — | $76,049 |
| UNITED LABOR SYSTEMS | Other Service Provider | $53,400 | — | $53,400 |
| KATHY MONGELLO | Recordkeeper | $39,866 | — | $39,866 |
| MULTIPLAN, INC | Other Service Provider | $34,947 | — | $34,947 |
| VAC INSURANCE AGENCY | Other Service Provider | $28,789 | — | $28,789 |
| GENERAL VISION SERVICES, LLC | Other Service Provider | $27,246 | — | $27,246 |
| DANZIGER & MARKHOFF LLP | Other Service Provider | $20,068 | — | $20,068 |
| DDI LEASING, INC | Other Service Provider | $19,763 | — | $19,763 |
| CLOUDSAFE GROUP LLC | Other Service Provider | $14,426 | — | $14,426 |
| STARR, GERN, DAVISON & RUBIN PC | ERISA Attorney | $12,000 | — | $12,000 |
| PAYCHEX | Recordkeeper | $9,648 | — | $9,648 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN N MONGELLO — Recordkeeper
- JESSICA GAMBINO — Recordkeeper
- DEBORAH J SPADARO — Recordkeeper
- MONICA OLSZEWSKI — Recordkeeper
- PHYLLIS E SCAFIDI — Recordkeeper
- KATHY MONGELLO — Recordkeeper
- PAYCHEX — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,802,326
- Estimated Expense Ratio: 34.776% 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 | $2,359,340 | $175 | — | — | — |
| 2023 | $2,229,481 | $175 | — | — | — |
| 2022 | $2,224,571 | $175 | — | — | $87,243 |