Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ironworkers Local 6 Medical & S.U.B. Pay Fund
- Sponsor EIN: 166085493
- Sponsor Address: 196 ORCHARD PARK ROAD, WEST SENECA, NY, 14224
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 370
- Total Assets: $13.4M
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 | 370 | $13.4M | $6.0M | $107,825 |
| 2023 | 281 | $10.9M | $4.1M | $119,519 |
| 2022 | 330 | $9.5M | $3.9M | $146,211 |
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 |
|---|---|---|---|---|
| TAMMI JO HABERMEHL | Other Service Provider | $68,564 | — | $68,564 |
| ARCARA LENDA EUSANIO & STACEY CPAS | Other Service Provider | $34,955 | — | $34,955 |
| RONALD SOKOLOWSKI | Other Service Provider | $29,600 | — | $29,600 |
| LIPSITZ GREEN SCIME & CAMBRIA | Other Service Provider | $19,112 | — | $19,112 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $16,733 | — | $16,733 |
| MARINER INSTITUTIONAL,LLC | Other Service Provider | $11,000 | — | $11,000 |
| M&T BANK | Recordkeeper | $5,310 | — | $5,310 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- M&T BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,274
- Estimated Expense Ratio: 1.385% 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 | $253,689 | $11,000 | — | $34,955 | — |
| 2023 | $268,028 | $15,488 | — | $29,600 | — |
| 2022 | $224,910 | $15,029 | — | — | $58,886 |