Plan Snapshot
- Plan Sponsor: Board Of Trustees I.A.T.S.E. National Health & Welfare Fund
- Sponsor EIN: 237333434
- Sponsor Address: 417 FIFTH AVENUE, 3RD FLOOR, NEW YORK, NY, 100162204
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 36,112
- Total Assets: $1.0B
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 | 36,112 | $1.0B | $383.2M | $17.2M |
| 2023 | 34,552 | $958.1M | $278.0M | $15.8M |
| 2022 | 34,142 | $936.6M | $456.3M | $12.7M |
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 |
|---|---|---|---|---|
| ANTHEM BLUE CROSS | Other Service Provider | $14,523,483 | — | $14,523,483 |
| THE SEGAL COMPANY INC. | Other Service Provider | $250,990 | $473,279 | $724,269 |
| DELTA DENTAL OF NEW YORK | Other Service Provider | $711,099 | — | $711,099 |
| WELLS FARGO BANK | Other Service Provider | $358,914 | — | $358,914 |
| SPIVAK LIPTON LLP | ERISA Attorney | $259,834 | — | $259,834 |
| PROSKAUER ROSE LLP | ERISA Attorney | $236,874 | — | $236,874 |
| TRIPLE S SALUD INC. | Other Service Provider | $224,773 | — | $224,773 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $219,383 | — | $219,383 |
| KELLY PRESS INC. | Other Service Provider | $146,287 | — | $146,287 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $117,000 | — | $117,000 |
| MEKETA INVESTMENT GROUP INC. | Other Service Provider | $45,865 | — | $45,865 |
| KLIK TECHNOLOGIES | Other Service Provider | $12,440 | — | $12,440 |
| SYNTONIC SYSTEMS INC. | Other Service Provider | $12,000 | — | $12,000 |
| DAVID TYKULSKER & ASSOCIATES | Other Service Provider | $8,984 | — | $8,984 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,601,205
- Estimated Expense Ratio: 1.714% 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 | $16,471,139 | $265,248 | — | $117,000 | — |
| 2023 | $14,868,895 | $262,529 | — | $113,000 | — |
| 2022 | $13,932,544 | $221,974 | — | — | $870,397 |