Plan Snapshot
- Plan Sponsor: Board Of Trustees Iuoe Local 478 Health Benefits Fund
- Sponsor EIN: 060662089
- Sponsor Address: 1965 DIXWELL AVENUE, HAMDEN, CT, 065142400
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,550
- Total Assets: $137.4M
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 | 2,550 | $137.4M | $65.8M | $4.0M |
| 2023 | 2,471 | $132.4M | $62.1M | $3.8M |
| 2022 | 2,302 | $122.3M | $58.3M | $3.8M |
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 HEALTH PLANS, INC | Other Service Provider | $1,187,098 | — | $1,187,098 |
| CT COMPUTER SERVICE | Other Service Provider | $325,743 | — | $325,743 |
| C. EDWARDS | Other Service Provider | $209,422 | — | $209,422 |
| TELLIGEN, INC. | Other Service Provider | $205,347 | — | $205,347 |
| L. LINTON | Other Service Provider | $201,235 | — | $201,235 |
| OPTUM RX INC. | Other Service Provider | $145,358 | $53,467 | $198,825 |
| D. SINISCALCHI | Other Service Provider | $198,098 | — | $198,098 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $177,102 | — | $177,102 |
| S. ZLAMANY | Other Service Provider | $175,490 | — | $175,490 |
| CT COALITION OF TAFT HARTLEY FUNDS | Other Service Provider | $157,921 | — | $157,921 |
| K. DWYER | Other Service Provider | $157,921 | — | $157,921 |
| C. DESKIN-MERWEDE | Other Service Provider | $153,866 | — | $153,866 |
| DELTA DENTAL OF NEW JERSEY, INC. | Other Service Provider | $146,114 | — | $146,114 |
| ROBERT M. CHEVERIE & ASSOC. P.C. | ERISA Attorney | $145,525 | — | $145,525 |
| D. PALMIERI | Other Service Provider | $140,988 | — | $140,988 |
| REID & RIEGE, P.C. | Other Service Provider | $140,030 | — | $140,030 |
| T. DESKIN | Other Service Provider | $137,222 | — | $137,222 |
| D. MARCANTONIO | Other Service Provider | $123,238 | — | $123,238 |
| L. HINES | Other Service Provider | $118,274 | — | $118,274 |
| C. KLEIN | Other Service Provider | $109,190 | — | $109,190 |
| THE SEGAL COMPANY | Other Service Provider | $104,722 | — | $104,722 |
| MACKAY SHIELDS LLC | Recordkeeper | $93,229 | — | $93,229 |
| K. DELANEY | Other Service Provider | $87,392 | — | $87,392 |
| K. BOOBER | Other Service Provider | $86,788 | — | $86,788 |
| P. MCEWEN | Other Service Provider | $83,238 | — | $83,238 |
| M. CAREY | Other Service Provider | $83,052 | — | $83,052 |
| COUNSELING CENTER OF WATERBURY, LLC | Other Service Provider | $82,567 | — | $82,567 |
| NOVAK FRANCELLA LLC | Auditor | $73,820 | — | $73,820 |
| M. PACELLI | Other Service Provider | $73,107 | — | $73,107 |
| MPL, LLC | Other Service Provider | — | $73,055 | $73,055 |
| N. BONTATIBUS | Other Service Provider | $71,987 | — | $71,987 |
| A. CORDIER | Other Service Provider | $69,847 | — | $69,847 |
| C. JABAUT | Other Service Provider | $68,909 | — | $68,909 |
| C. LAGOS | Other Service Provider | $64,819 | — | $64,819 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $61,044 | — | $61,044 |
| UNION PRINTING INC | Other Service Provider | $60,166 | — | $60,166 |
| C. METZ | Other Service Provider | $57,997 | — | $57,997 |
| RED-CARD SYSTEMS, LLC | Other Service Provider | $54,122 | — | $54,122 |
| I. FEBRES | Other Service Provider | $49,347 | — | $49,347 |
| S. DUNN | Other Service Provider | $33,335 | — | $33,335 |
| L. PINGTREE | Other Service Provider | $30,873 | — | $30,873 |
| FIDELITY SECURITY LIFE INSURANCE CO | Other Service Provider | $29,530 | — | $29,530 |
| SEGAL MARCO ADVISORS | Other Service Provider | $26,903 | — | $26,903 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $23,611 | $23,611 |
| KAINEN, ESCALERA, & MICHALE, PC | Other Service Provider | $22,220 | — | $22,220 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $22,085 | — | $22,085 |
| CHARLES KANTOR, MD | Other Service Provider | $18,000 | — | $18,000 |
| IDEAL PRINTING COMPANY, INC | Other Service Provider | $13,548 | — | $13,548 |
| SR BUSINESS SYSTEMS | Other Service Provider | $13,005 | — | $13,005 |
| BLACKROCK INST TRUST | Other Service Provider | $9,058 | — | $9,058 |
| HINGE HEALTH, INC. | Other Service Provider | $8,350 | — | $8,350 |
| SUREFIRE CYBER, INC. | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MACKAY SHIELDS LLC — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,063,875
- Estimated Expense Ratio: 4.412% 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 | $4,049,739 | $129,309 | — | $61,000 | — |
| 2023 | $3,874,732 | $123,620 | — | $59,500 | — |
| 2022 | $3,663,552 | $145,682 | — | — | $624,747 |