Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 60 Legal Services Fund
- Sponsor EIN: 136940760
- Sponsor Address: 140 BROADWAY, HAWTHORNE, NY, 10532
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 813
- Total Assets: $225,450
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 | 813 | $225,450 | $161,852 | $0 |
| 2023 | 829 | $250,971 | $151,731 | $0 |
| 2022 | 849 | $272,004 | $165,562 | $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 |
|---|---|---|---|---|
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $154,688 | — | $154,688 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $10,983 | — | $10,983 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,671
- Estimated Expense Ratio: 73.485% 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 | $58,233 | — | — | $10,400 | — |
| 2023 | $54,486 | — | — | $9,600 | — |
| 2022 | $54,786 | — | — | — | $31,285 |