# Board Of Trustees Iron Workers Locals 40, 361 & 417 Health Fund Health & Welfare Plan Source: https://planprovider.pro/companies/board-of-trustees-iron-workers-locals-40-361-417-health-fund-135622663-501 > Board Of Trustees Iron Workers Locals 40, 361 & 417 Health Fund's Health & Welfare plan: 1,914 participants, plan year 2024 financials, providers, and benchm… Form 5500 filing data for plan year 2024. ## Plan Snapshot - **Plan Sponsor:** Board Of Trustees Iron Workers Locals 40, 361 & 417 Health Fund - **Sponsor EIN:** 135622663 - **Sponsor Address:** 451 PARK AVENUE SOUTH, NEW YORK, NY, 10016 - **Plan Type:** Health & Welfare - **Plan Number:** 501 - **Total Participants:** 1,914 - **Total Assets:** $208.2M ## 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|1,914|$208.2M|$104.2M|$357,548| | 2023|2,209|$215.3M|$107.8M|$441,341| | 2022|1,959|$207.4M|$117.3M|$323,329| ## 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 HEALTHCHOICE ASSURANCE|Other Service Provider|$1,409,108|—|$1,409,108| | JMS ASSOCIATES|Other Service Provider|$348,000|—|$348,000| | BRIAN SABBAGH|Recordkeeper|$243,115|—|$243,115| | IAN Y. CHAN|Recordkeeper|$232,349|—|$232,349| | JOHN J DELANEY JR|Recordkeeper|$210,567|—|$210,567| | JIM DUFFICY|Recordkeeper|$195,212|—|$195,212| | ELSIE E O'NEILL|Recordkeeper|$194,885|—|$194,885| | THE SEGAL CO. (EASTERN STATES) INC.|Other Service Provider|$191,470|—|$191,470| | COLLERAN, O'HARA & MILLS LLP|ERISA Attorney|$165,818|$22,762|$188,580| | LUCIA BAUKNIGHT|Recordkeeper|$178,521|—|$178,521| | VADIM PODOBREEV|Recordkeeper|$152,173|—|$152,173| | WESTERN ASSET MANAGEMENT COMPANY|Other Service Provider|$152,076|—|$152,076| | GO2UNION.COM LLC|Other Service Provider|$150,000|—|$150,000| | DOREEN STENNETT|Recordkeeper|$140,927|—|$140,927| | GARRENT L LEUNG|Recordkeeper|$134,476|—|$134,476| | KEVIN CUSH|Recordkeeper|$117,709|—|$117,709| | LI CHAN|Recordkeeper|$117,464|—|$117,464| | STEVEN N. DAVI, PLLC|Other Service Provider|$97,640|—|$97,640| | DORI MELFI|Recordkeeper|$95,819|—|$95,819| | MAGNACARE ADMINISTRATIVE SERVICES,|Other Service Provider|$95,500|—|$95,500| | SCHULTHEIS & PANETTIERI, LLP|Auditor|$92,150|—|$92,150| | DEDEN ZENUDIN|Recordkeeper|$91,807|—|$91,807| | ORADBONE|Other Service Provider|$90,125|—|$90,125| | MARY HOFFMAN|Recordkeeper|$89,570|—|$89,570| | F/M INVESTMENTS, LLC|Other Service Provider|$86,439|—|$86,439| | MICHAEL CANNALONGA|Recordkeeper|$70,989|—|$70,989| | MUKESH KHEMANI|Recordkeeper|$69,208|—|$69,208| | DAVID CHEUNG|Recordkeeper|$69,043|—|$69,043| | ELEANOR WANG|Recordkeeper|$66,981|—|$66,981| | PHONG NGO|Recordkeeper|$63,445|—|$63,445| | MANNING & NAPIER|Other Service Provider|$62,596|—|$62,596| | MORPHEON CORPORATION|Other Service Provider|$50,089|—|$50,089| | MYLES CORRIGAN|Recordkeeper|$43,683|—|$43,683| | JJ PIERSON|Other Service Provider|$41,250|—|$41,250| | CYBERSECOP|Other Service Provider|$41,229|—|$41,229| | BNY MELLON|Other Service Provider|$28,930|—|$28,930| | MED REVIEW INC|Other Service Provider|$28,888|—|$28,888| | CHARTWELL INVESTMENT PARTNERS|Other Service Provider|$26,221|—|$26,221| | GRASSI & CO CPAS|Auditor|$24,670|—|$24,670| | MORGAN STANLEY SMITH BARNEY LLC|Recordkeeper|$20,265|—|$20,265| ### Verified Provider Profiles Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro: - [BRIAN SABBAGH](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [IAN Y. CHAN](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [JOHN J DELANEY JR](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [JIM DUFFICY](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [ELSIE E O'NEILL](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [LUCIA BAUKNIGHT](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [VADIM PODOBREEV](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [DOREEN STENNETT](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [GARRENT L LEUNG](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [KEVIN CUSH](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [LI CHAN](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [DORI MELFI](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [SCHULTHEIS & PANETTIERI, LLP](https://planprovider.pro/provider/schultheis-and-panettieri-llp) — Auditor - [DEDEN ZENUDIN](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [MARY HOFFMAN](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [MICHAEL CANNALONGA](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [MUKESH KHEMANI](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [DAVID CHEUNG](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [ELEANOR WANG](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [PHONG NGO](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [MYLES CORRIGAN](https://planprovider.pro/provider/john-hancock) — Recordkeeper - [GRASSI & CO CPAS](https://planprovider.pro/provider/grassi-and-co-cpas-pc) — Auditor - [MORGAN STANLEY SMITH BARNEY LLC](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper ## Plan Fees & Expenses Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings. - **Total Service Provider Fees:** $5,803,169 - **Estimated Expense Ratio:** 2.788% 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|$5,103,861|$352,241|—|$70,000|—| | 2023|$4,270,617|$419,201|—|$62,216|—| | 2022|$4,974,905|$385,760|—|—|$738,655| ## Similar Plans - [The Turner Corporation](https://planprovider.pro/companies/the-turner-corporation-401k-plan) — 7,860 participants - [Board Of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund](https://planprovider.pro/companies/iron-workers-local-40-361-417-annuity-plan) — 2,187 participants - [Board Of Trustees Rochester Laborers Annuity Fund](https://planprovider.pro/companies/board-of-trustees-rochester-laborers-annuity-fund-plan) — 1,859 participants - [Board Of Trustees Iron Workers Locals 40, 361 & 417 Pension Fund](https://planprovider.pro/companies/iron-workers-local-40-361-pension-fund-plan) — 1,826 participants - [Hunter Roberts Construction Group, LLC](https://planprovider.pro/companies/hunter-roberts-construction-group-llc-401k-plan) — 312 participants - [Halmar International, LLC](https://planprovider.pro/companies/halmar-international-llc-401k-plan) — 297 participants [View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-iron-workers-locals-40-361-417-health-fund-135622663-501) © 2026 PlanProvider.Pro