Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 1010 Appr, Skill Improvement And Training Fund
- Sponsor EIN: 273157473
- Sponsor Address: 17-20 WHITESTONE EXPRESSWAY, WHITESTONE, NY, 11357
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,605
- Total Assets: $14.1M
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 | 2,605 | $14.1M | $3.5M | $0 |
| 2023 | 2,460 | $12.5M | $3.2M | $0 |
| 2022 | 2,412 | $10.1M | $2.8M | $0 |
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 |
|---|---|---|---|---|
| VALERIANO, ARMANDO J. | Other Service Provider | $238,926 | — | $238,926 |
| SESTAYO, JOHN | Other Service Provider | $208,782 | — | $208,782 |
| BARBOSA, ANTONIO | Other Service Provider | $194,870 | — | $194,870 |
| LOPEZ, DAVID | Other Service Provider | $136,332 | — | $136,332 |
| RAIGOSA, NATALIE | Other Service Provider | $60,904 | — | $60,904 |
| MERRILL LYNCH | Other Service Provider | $40,451 | — | $40,451 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $23,200 | — | $23,200 |
| GORLICK, KRAVITZ, & LISTHAUS, P.C. | ERISA Attorney | $8,738 | — | $8,738 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $912,203
- Estimated Expense Ratio: 6.465% 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 | $297,711 | $40,451 | — | $23,200 | — |
| 2023 | $318,088 | $33,618 | — | $22,500 | — |
| 2022 | $257,634 | $28,281 | — | — | $39,238 |