Plan Snapshot
- Plan Sponsor: Board Of Trustees L338 Health And Welfare Fund
- Sponsor EIN: 132980858
- Sponsor Address: 1505 KELLUM PLACE, MINEOLA, NY, 11501
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,487
- Total Assets: $43.2M
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 | 2,487 | $43.2M | $42.9M | $200,633 |
| 2023 | 2,550 | $44.4M | $41.0M | $158,420 |
| 2022 | 2,274 | $45.0M | $42.5M | $185,442 |
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 |
|---|---|---|---|---|
| RWDSU/UFCW LOCAL 338 | Other Service Provider | $2,169,220 | — | $2,169,220 |
| MAGNACARE ADMINISTRATIVE SERVICES L | Other Service Provider | $1,134,945 | — | $1,134,945 |
| GUARDIAN NURSES | Other Service Provider | $399,868 | — | $399,868 |
| AMALGAMATED EMPLOYEE BENEFITS ADMIN | Other Service Provider | $337,681 | — | $337,681 |
| ANTHEM BLUE CROSS BLUE SHIELD | Other Service Provider | $322,709 | — | $322,709 |
| FRIEDMAN & ANSPACH | Other Service Provider | $229,930 | — | $229,930 |
| COMPREHENSIVE HEALTHCARE SYSTEMS | Other Service Provider | $207,952 | — | $207,952 |
| TELEDOC PA | Other Service Provider | $204,388 | — | $204,388 |
| LAURIE GREENSTEIN | Recordkeeper | $179,491 | — | $179,491 |
| DEBRA NALBACH | Recordkeeper | $171,510 | — | $171,510 |
| AGILE CONSULTING GROUP | Other Service Provider | $159,996 | — | $159,996 |
| NAVITUS HEALTH SOLUTIONS, LLC | Other Service Provider | $151,341 | — | $151,341 |
| MICHAEL VALENTI | Recordkeeper | $136,308 | — | $136,308 |
| TARA LOPEZ | Recordkeeper | $129,430 | — | $129,430 |
| KEVIN MUSE | Recordkeeper | $124,998 | — | $124,998 |
| THE SEGAL COMPANY | Other Service Provider | $118,202 | — | $118,202 |
| SOLEDAD PEREZ | Recordkeeper | $113,077 | — | $113,077 |
| IRENE GUIRERRERO | Recordkeeper | $112,087 | — | $112,087 |
| MARCIA DIVINO | Recordkeeper | $110,270 | — | $110,270 |
| EDIE GARCIA | Recordkeeper | $109,594 | — | $109,594 |
| ANDREW VELLA | Recordkeeper | $99,370 | — | $99,370 |
| KARISSA CRUZ | Recordkeeper | $94,202 | — | $94,202 |
| KALEB MANN | Recordkeeper | $93,428 | — | $93,428 |
| YURY JIMENEZ | Recordkeeper | $93,234 | — | $93,234 |
| MERY PINEDO | Recordkeeper | $92,914 | — | $92,914 |
| ANDRE FLORENT | Recordkeeper | $88,088 | — | $88,088 |
| ALEJANDRA GIOIA | Recordkeeper | $88,015 | — | $88,015 |
| MAYRA ARMSTRONG | Recordkeeper | $87,985 | — | $87,985 |
| JORGE SANCHEZ | Recordkeeper | $86,755 | — | $86,755 |
| CHRISTINA BALLESTER | Recordkeeper | $82,574 | — | $82,574 |
| LEIDA MEDRANO | Recordkeeper | $82,036 | — | $82,036 |
| RINA GARCIA | Recordkeeper | $79,650 | — | $79,650 |
| NATIONAL MEDICAL BILL REVIEW | Other Service Provider | $79,397 | — | $79,397 |
| RECHTMAN CONSULTING, LLC | Other Service Provider | $77,185 | — | $77,185 |
| STEPHANIE HALL | Recordkeeper | $76,339 | — | $76,339 |
| KELLY JEAN-BAPTISTE | Recordkeeper | $75,353 | — | $75,353 |
| OLGA ROBERTSON-LOPEZ | Recordkeeper | $59,415 | — | $59,415 |
| NOVAK FRANCELLA, LLC | Auditor | $59,000 | — | $59,000 |
| JACQUELINE CORREA | Recordkeeper | $51,221 | — | $51,221 |
| C.S. MCKEE, LP | Other Service Provider | $48,270 | — | $48,270 |
| SWORD HEALTH | Other Service Provider | $48,000 | — | $48,000 |
| ROBERT WULWICK MD | Other Service Provider | $40,940 | — | $40,940 |
| SUMMIT ACTUARIAL SERVICES, LLC | Other Service Provider | $38,000 | — | $38,000 |
| CHRISTOPHER VEZINA-MORALES | Recordkeeper | $26,767 | — | $26,767 |
| REYNOLDS CONSULTING SERVCIES LLC | Other Service Provider | $22,500 | — | $22,500 |
| MILLIMAN INC | Recordkeeper | $14,564 | — | $14,564 |
| ACCESS STAFFING, LLC | Other Service Provider | $14,534 | — | $14,534 |
| TRUHEARING | Other Service Provider | $9,523 | — | $9,523 |
| LUCENT CONSULTING | Other Service Provider | $9,000 | — | $9,000 |
| PAYPRO | Recordkeeper | $8,491 | — | $8,491 |
| OPTAVISE | Other Service Provider | $8,230 | — | $8,230 |
| MILLENNIUM TECHNOLOGY SOLUTIONS | Other Service Provider | $7,500 | — | $7,500 |
| AMALGAMATED BANK | Other Service Provider | $7,417 | — | $7,417 |
| INNER IMAGING, P.C. | Other Service Provider | $6,750 | — | $6,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAURIE GREENSTEIN — Recordkeeper
- DEBRA NALBACH — Recordkeeper
- MICHAEL VALENTI — Recordkeeper
- TARA LOPEZ — Recordkeeper
- KEVIN MUSE — Recordkeeper
- SOLEDAD PEREZ — Recordkeeper
- IRENE GUIRERRERO — Recordkeeper
- MARCIA DIVINO — Recordkeeper
- EDIE GARCIA — Recordkeeper
- ANDREW VELLA — Recordkeeper
- KARISSA CRUZ — Recordkeeper
- KALEB MANN — Recordkeeper
- YURY JIMENEZ — Recordkeeper
- MERY PINEDO — Recordkeeper
- ANDRE FLORENT — Recordkeeper
- ALEJANDRA GIOIA — Recordkeeper
- MAYRA ARMSTRONG — Recordkeeper
- JORGE SANCHEZ — Recordkeeper
- CHRISTINA BALLESTER — Recordkeeper
- LEIDA MEDRANO — Recordkeeper
- RINA GARCIA — Recordkeeper
- STEPHANIE HALL — Recordkeeper
- KELLY JEAN-BAPTISTE — Recordkeeper
- OLGA ROBERTSON-LOPEZ — Recordkeeper
- NOVAK FRANCELLA, LLC — Auditor
- JACQUELINE CORREA — Recordkeeper
- CHRISTOPHER VEZINA-MORALES — Recordkeeper
- MILLIMAN INC — Recordkeeper
- PAYPRO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,479,644
- Estimated Expense Ratio: 19.648% 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 | $5,713,674 | $99,912 | — | $59,000 | — |
| 2023 | $6,326,211 | $87,575 | — | $65,375 | — |
| 2022 | $5,817,758 | $89,417 | — | — | $460,117 |