Plan Snapshot
- Plan Sponsor: Board Of Trustees, 32bj North Health Fund
- Sponsor EIN: 131699839
- Sponsor Address: 25 WEST 18TH STREET, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,747
- Total Assets: $86.3M
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 | 2,747 | $86.3M | $0 | $0 |
| 2024 | 2,718 | $73.0M | $53.6M | $0 |
| 2023 | 2,589 | $59.9M | $49.8M | $0 |
| 2022 | 2,648 | $53.0M | $48.9M | $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 |
|---|---|---|---|---|
| BUILDING SERVICE 32BJ HEALTH FUND | Other Service Provider | $1,645,980 | — | $1,645,980 |
| ANTHEM HEALTHCHOICE ASSURANCE INC | Other Service Provider | $1,491,660 | — | $1,491,660 |
| UNION HEALTH CENTER INC | Other Service Provider | $245,220 | — | $245,220 |
| SCHULTHEIS & PANETTIERI, LLP | Other Service Provider | $151,527 | — | $151,527 |
| RAAB, STURM & GANCHROW, LLP | Other Service Provider | $113,998 | — | $113,998 |
| WITHUMSMITH+BROWN, P.C. | Other Service Provider | $81,000 | — | $81,000 |
| DELTA DENTAL | Other Service Provider | $78,893 | — | $78,893 |
| THE SEGAL COMPANY | Other Service Provider | $66,753 | — | $66,753 |
| SEGAL SELECT INS SERVICES, INC. | Other Service Provider | $25,606 | $13,055 | $38,661 |
| OPTUMRX, INC. | Other Service Provider | $36,277 | — | $36,277 |
| MEKETA INVESTMENT GROUP INC | Other Service Provider | $35,000 | — | $35,000 |
| SLEVIN & HART, PC | Other Service Provider | $30,529 | — | $30,529 |
| H&H GRAPHIC PRINTING COMMUNICATIONS | Other Service Provider | $30,338 | — | $30,338 |
| MOUNT VERNON PRINTING COMPANY | Other Service Provider | $10,716 | — | $10,716 |
| WINMILL SOFTWARE | Other Service Provider | $10,533 | — | $10,533 |
| JPMORGAN CHASE | Other Service Provider | $10,498 | — | $10,498 |
| POSTMASTER | Other Service Provider | $6,128 | — | $6,128 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,083,711
- Estimated Expense Ratio: 4.735% 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 | $52,265,163 | $31,865 | — | $81,000 | — |
| 2024 | $1,921,674 | $34,167 | — | $79,400 | — |
| 2023 | $1,772,552 | $37,519 | — | $72,000 | — |
| 2022 | $1,552,285 | $36,355 | — | — | $416,217 |