Plan Snapshot
- Plan Sponsor: Board Of Trustees Amalgamated Transit Workers Local 854 Health Fund
- Sponsor EIN: 850774549
- Sponsor Address: 260 BUTLER STREET, BROOKLYN, NY, 11217
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 677
- Total Assets: $410,876
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 | 677 | $410,876 | $6.6M | $0 |
| 2023 | 425 | $265,187 | $4.3M | $0 |
| 2022 | 412 | $445,492 | $4.1M | $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 |
|---|---|---|---|---|
| MCCARTHY & PREECE LLP | Other Service Provider | $60,000 | — | $60,000 |
| PRISCILLA FARDUCHI | Other Service Provider | $38,910 | — | $38,910 |
| NICOLE JEAN-CHARLES | Other Service Provider | $29,362 | — | $29,362 |
| WEAVER & TIDWELL, LLP | Auditor | $5,508 | — | $5,508 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,780
- Estimated Expense Ratio: 32.560% 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 | $180,501 | — | — | $5,508 | — |
| 2023 | $194,258 | — | — | — | — |
| 2022 | $177,839 | — | — | — | $95,200 |