Plan Snapshot
- Plan Sponsor: Board Of Trustees, Bakers Union Local 37 Health &
- Sponsor EIN: 956048924
- Sponsor Address: 118 N BEDFORD RD STE 100, MOUNT KISCO, NY, 10549
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 644
- Total Assets: $6.1M
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 | 644 | $6.1M | $11.6M | $0 |
| 2023 | 659 | $7.0M | $12.2M | $0 |
| 2022 | 693 | $6.9M | $11.6M | $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 |
|---|---|---|---|---|
| QUANTUM FINANCIAL STRATEGIES, INC | Other Service Provider | $92,883 | — | $92,883 |
| FUIMAN MOGILA LLP | Other Service Provider | $77,518 | — | $77,518 |
| RAEL & LETSON | Other Service Provider | $31,280 | — | $31,280 |
| MILLER KAPLAN ARASE LLP | Auditor | $31,000 | — | $31,000 |
| QUEST INVESTMENT MANAGER | Other Service Provider | $9,426 | — | $9,426 |
| COMPLIANCE VERIFICATION, INC. | Other Service Provider | $6,686 | — | $6,686 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $248,793
- Estimated Expense Ratio: 4.046% 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 | $266,182 | $9,426 | $92,883 | $31,000 | — |
| 2023 | $218,453 | $6,642 | $91,781 | $13,000 | — |
| 2022 | $186,441 | $8,756 | $107,940 | — | $42,611 |