# Board Of Trustees Local 381 Group Insurance Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-local-381-group-insurance-fund-136119572-501

> Board Of Trustees Local 381 Group Insurance Fund's Health & Welfare plan: 84 participants, plan year 2024 financials, providers, and benchmarks from Form 550…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Local 381 Group Insurance Fund

- **Sponsor EIN:** 136119572

- **Sponsor Address:** 160 MINEOLA BOULEVARD, MINEOLA, NY, 11501

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 84

- **Total Assets:** $7.7M

## 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|84|$7.7M|$964,719|$212,979|

| 2023|91|$9.1M|$957,471|$202,504|

| 2022|93|$9.4M|$1.3M|$280,242|

## 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|

| SCHULTHEIS & PANETTIERI LLP|Auditor|$29,600|—|$29,600|

| SYNTONIC SYSTEMS INC|Other Service Provider|$25,200|—|$25,200|

| SMITH AFFILIATED CAPITAL CORP|Other Service Provider|$24,178|—|$24,178|

| BARNES IACCARINO & SHEPHERD LLP|ERISA Attorney|$15,990|—|$15,990|

| SEGAL MARCO ADVISORS|Other Service Provider|$15,000|—|$15,000|

| MSI TECHNOLOGIES, LLC|Other Service Provider|$9,052|—|$9,052|

| JULI GREY-OWENS|Other Service Provider|$6,000|—|$6,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHULTHEIS & PANETTIERI LLP](https://planprovider.pro/provider/schultheis-and-panettieri-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $125,020

- **Estimated Expense Ratio:** 1.614% 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|$460,993|$39,178|—|$29,600|—|

| 2023|$500,394|$44,168|—|$28,700|—|

| 2022|$516,501|$49,645|—|—|$81,250|

## Similar Plans

- [Four M Commercial Operations LLC](https://planprovider.pro/companies/four-m-commercial-operations-llc-401k-plan) — 494 participants

- [Jamestown Container Corporation](https://planprovider.pro/companies/jamestown-container-corporation-401k-plan) — 461 participants

- [Arkay Packaging Corporation](https://planprovider.pro/companies/arkay-packaging-corporation-401k-plan) — 230 participants

- [Morcon, INC.](https://planprovider.pro/companies/morcon-inc-401k-plan) — 104 participants

- [Board Of Trustees Local 381 Pension](https://planprovider.pro/companies/board-of-trustees-local-381-pension-plan) — 64 participants

- [Greene Printing And Marketing Corp.](https://planprovider.pro/companies/greene-printing-and-marketing-corp-plan) — 8 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-local-381-group-insurance-fund-136119572-501)

© 2026 PlanProvider.Pro