Plan Snapshot
- Plan Sponsor: Board Of Trustees Laborers' Local 235 Welfare Fund
- Sponsor EIN: 131777458
- Sponsor Address: 41 KNOLLWOOD ROAD, ELMSFORD, NY, 10523
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 251
- Total Assets: $19.8M
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. |
|---|---|---|---|---|
| 2025 | 251 | $19.8M | $0 | $0 |
| 2024 | 291 | $14.8M | $9.2M | $42,289 |
| 2023 | 284 | $11.9M | $10.0M | $61,144 |
| 2022 | 280 | $7.4M | $8.5M | $63,625 |
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 AND BLUE SHIELD | Other Service Provider | $217,665 | — | $217,665 |
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $83,234 | — | $83,234 |
| MARSHALL & MOSS ADMIN SERVICES | Other Service Provider | $52,448 | — | $52,448 |
| THE SEGAL COMPANY, INC. | Actuary | $43,000 | — | $43,000 |
| STACEY BRAUN ASSOCIATES, INC. | Investment Advisor | $40,859 | — | $40,859 |
| IRINA HONCZARENKO | Other Service Provider | $38,077 | — | $38,077 |
| JOANNE PANTELEO | Other Service Provider | $26,761 | — | $26,761 |
| ANGELA VASSALLO | Other Service Provider | $26,661 | — | $26,661 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $19,200 | — | $19,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $547,905
- Estimated Expense Ratio: 2.769% 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 |
|---|---|---|---|---|---|
| 2025 | $6,509,898 | $44,859 | $239,844 | $19,200 | — |
| 2024 | $810,851 | $28,473 | $256,749 | $19,200 | — |
| 2023 | $722,858 | $12,182 | $248,705 | $19,200 | — |
| 2022 | $718,939 | $12,744 | $330,158 | — | $95,638 |