Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 888 Health Fund
- Sponsor EIN: 131564856
- Sponsor Address: 475 MARKET STREET, SUITE 307, ELMWOOD PARK, NJ, 07407
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,318
- Total Assets: $13.3M
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 | 1,318 | $13.3M | $18.2M | $29,676 |
| 2023 | 1,352 | $20.6M | $18.8M | $22,343 |
| 2022 | 2,070 | $23.8M | $19.5M | $48,818 |
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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO. | Recordkeeper | $528,511 | — | $528,511 |
| SLEVIN & HART P.C. | ERISA Attorney | $175,775 | — | $175,775 |
| ROSALBA PEREZ | Recordkeeper | $169,880 | — | $169,880 |
| JEAN EDY JOSEPH | Other Service Provider | $88,975 | — | $88,975 |
| RAMONA AYBAR | Other Service Provider | $87,131 | — | $87,131 |
| FLORMARIA TOULSON | Other Service Provider | $79,293 | — | $79,293 |
| JOU ZOQUIER | Other Service Provider | $76,860 | — | $76,860 |
| VEDWATIE PRASAD | Other Service Provider | $71,158 | — | $71,158 |
| LOURDES LANZOT | Other Service Provider | $71,060 | — | $71,060 |
| PIERRE J. BOUTIN | Other Service Provider | $68,901 | — | $68,901 |
| CVS PHARMACY, INC | Other Service Provider | $60,165 | — | $60,165 |
| LOUVINIA GREENAWAY | Other Service Provider | $55,375 | — | $55,375 |
| NELSY RODRIGUEZ | Other Service Provider | $46,466 | — | $46,466 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $45,391 | — | $45,391 |
| THE SEGAL COMPANY, INC. | Actuary | $33,830 | — | $33,830 |
| BARNES, IACCARINO & SHEPHERD LLP | ERISA Attorney | $30,950 | — | $30,950 |
| CITRIN COOPERMAN & COMPANY, LLP | Other Service Provider | $28,200 | — | $28,200 |
| NEPC, LLC | Investment Advisor | $22,925 | — | $22,925 |
| HILB GROUP | Other Service Provider | $22,034 | — | $22,034 |
| BOSTON TRUST & INVESMENT MANAGEMENT | Investment Advisor | $21,874 | — | $21,874 |
| VISION SCREENING | Other Service Provider | $20,245 | — | $20,245 |
| DARIO HEALTH CORP | Recordkeeper | $19,389 | — | $19,389 |
| AMALGAMATED BANK | Custodian / Trustee | $5,752 | — | $5,752 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SLEVIN & HART P.C. — ERISA Attorney
- NEPC, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,830,140
- Estimated Expense Ratio: 13.709% 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 | $2,417,902 | $39,848 | $550,545 | $56,400 | — |
| 2023 | $2,635,895 | $41,282 | $551,011 | $61,100 | — |
| 2022 | $2,661,486 | $53,415 | $638,860 | — | $259,165 |