Plan Snapshot
- Plan Sponsor: Board Of Trustees Boilermakers Local 5, Zone 5 Cba Scholarship Fund
- Sponsor EIN: 926679130
- Sponsor Address: 24 VAN SICLEN AVENUE, FLORAL PARK, NY, 11001
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 363
- Total Assets: $91,775
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 | 363 | $91,775 | $63,841 | $0 |
| 2023 | 106 | $27,130 | $27,280 | $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 |
|---|---|---|---|---|
| GOULD, KOBRICK, & SCHLAPP, P.C. | Auditor | $1,500 | — | $1,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,500
- Estimated Expense Ratio: 1.634% 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 | $1,650 | — | — | $1,500 | — |
| 2023 | $1,650 | — | — | — | — |