Plan Snapshot
- Plan Sponsor: Board Of Trustees, Noitu Insurance Trust Fund
- Sponsor EIN: 111896570
- Sponsor Address: 148-06 HILLSIDE AVENUE, JAMAICA, NY, 114353331
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,721
- Total Assets: $156.1M
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 | 3,721 | $156.1M | $48.3M | $317,105 |
| 2023 | 3,583 | $145.6M | $45.5M | $253,926 |
| 2022 | 3,564 | $127.4M | $43.3M | $331,165 |
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 |
|---|---|---|---|---|
| NOITU | Other Service Provider | $904,910 | — | $904,910 |
| EMPIRE HEALTHCHOICE ASSURANCE INC | Other Service Provider | $667,499 | — | $667,499 |
| BASYS, INC. | Other Service Provider | $376,284 | — | $376,284 |
| FARLEY KAMHI | Other Service Provider | $272,073 | — | $272,073 |
| ANDRE WILLIAMS | Other Service Provider | $270,907 | — | $270,907 |
| DAVID LIEBERMAN | Other Service Provider | $238,944 | — | $238,944 |
| CVS | Other Service Provider | $194,797 | — | $194,797 |
| MARIELA RUSSELL-GORE | Other Service Provider | $180,029 | — | $180,029 |
| JAEMIN KWAK | Other Service Provider | $177,866 | — | $177,866 |
| ELIZABETH FORTE | Other Service Provider | $176,684 | — | $176,684 |
| VIRENDRA SHANKAR | Other Service Provider | $163,750 | — | $163,750 |
| LANGISTIC NETWORKS | Other Service Provider | $152,943 | — | $152,943 |
| WAYNE SMITH | Other Service Provider | $148,669 | — | $148,669 |
| ALEXIS MICHELMAN | Other Service Provider | $137,156 | — | $137,156 |
| STEPHANIE SARANITI | Other Service Provider | $135,981 | — | $135,981 |
| LINDA SCARSELLA | Other Service Provider | $133,416 | — | $133,416 |
| PROSKAUER ROSE LLP | Other Service Provider | $133,308 | — | $133,308 |
| YUZAHARA RIVADENEIRA | Other Service Provider | $129,854 | — | $129,854 |
| AMPARO ZOUROS | Other Service Provider | $125,860 | — | $125,860 |
| ROSALIE HENRY | Other Service Provider | $123,283 | — | $123,283 |
| KAREEN MATTADEEN-HALL | Other Service Provider | $118,809 | — | $118,809 |
| CHANNA JAYATILAKA | Other Service Provider | $114,842 | — | $114,842 |
| AKIM WILLIAMS | Other Service Provider | $113,431 | — | $113,431 |
| VELEZWENI MORRIS | Other Service Provider | $111,687 | — | $111,687 |
| IVAN NIEVES | Other Service Provider | $110,765 | — | $110,765 |
| JOSEPH HAWLADER | Other Service Provider | $108,389 | — | $108,389 |
| JOSE COLLADO | Other Service Provider | $103,583 | — | $103,583 |
| RAYMOND YOUNG | Other Service Provider | $100,542 | — | $100,542 |
| WCM INVESTMENT MANAGEMENT, LLC | Other Service Provider | $99,710 | — | $99,710 |
| DAISY PEREZ | Other Service Provider | $99,333 | — | $99,333 |
| SANDRA MONAHAN | Other Service Provider | $96,174 | — | $96,174 |
| ROOPKUMAR LACHMAN | Other Service Provider | $95,541 | — | $95,541 |
| TANIA GUTIERREZ | Other Service Provider | $94,113 | — | $94,113 |
| VALERIE BERMUDEZ | Other Service Provider | $91,040 | — | $91,040 |
| CYNOMYS INC. | Other Service Provider | $91,000 | — | $91,000 |
| DULCE URENA | Other Service Provider | $87,260 | — | $87,260 |
| JACQUELINE LUMSDEN-GRAHAM | Other Service Provider | $87,148 | — | $87,148 |
| LILLIAN OLIVO | Other Service Provider | $87,136 | — | $87,136 |
| INETICO, LLC D.B.A VALENZ CARE | Other Service Provider | $86,017 | — | $86,017 |
| NADAV SEGAL | Other Service Provider | $85,631 | — | $85,631 |
| ANA SOLORZANO | Other Service Provider | $78,731 | — | $78,731 |
| EDITH PAULINO | Other Service Provider | $78,228 | — | $78,228 |
| GINAMARIE BAKATSIAS | Other Service Provider | $76,430 | — | $76,430 |
| GOULD, KOBRICK & SCHLAPP | Other Service Provider | $75,000 | — | $75,000 |
| HILDA COLL-VALENTINE | Other Service Provider | $74,653 | — | $74,653 |
| JACINTA FEVRIERE | Other Service Provider | $74,294 | — | $74,294 |
| JODI CIOFFI | Other Service Provider | $74,199 | — | $74,199 |
| RAFAEL DIAZ | Other Service Provider | $72,816 | — | $72,816 |
| WANDALID LEACH | Other Service Provider | $71,505 | — | $71,505 |
| JUAN MANANA | Other Service Provider | $70,530 | — | $70,530 |
| JANE LUTIN | Other Service Provider | $67,172 | — | $67,172 |
| ELAINE WILLIAMS | Other Service Provider | $67,016 | — | $67,016 |
| SHANAN EDWARDS | Other Service Provider | $57,812 | — | $57,812 |
| STEVEN TURNER | Other Service Provider | $57,785 | — | $57,785 |
| KATRINA GRAHAM | Other Service Provider | $57,263 | — | $57,263 |
| CLARITY LLC | Other Service Provider | $56,976 | — | $56,976 |
| ISABELLA ANGLERO | Other Service Provider | $56,449 | — | $56,449 |
| TA REALTY | Other Service Provider | $56,428 | — | $56,428 |
| NELLY ARGOTI-TORRES | Other Service Provider | $54,617 | — | $54,617 |
| SYLMA MARTIN | Other Service Provider | $51,685 | — | $51,685 |
| ANDERSON NANOTECH SOLUTION, INC. | Other Service Provider | $48,453 | — | $48,453 |
| NANCY MORALES | Other Service Provider | $47,981 | — | $47,981 |
| CITA RODRIGUEZ | Other Service Provider | $46,577 | — | $46,577 |
| ROSEMARY RAMIREZ | Other Service Provider | $46,193 | — | $46,193 |
| CLAUDIA VARGAS | Other Service Provider | $45,961 | — | $45,961 |
| JOANNA ORZELOWSKI | Other Service Provider | $44,338 | — | $44,338 |
| HELENE AMICO | Other Service Provider | $43,932 | — | $43,932 |
| ADVISORY RESEARCH, INC. | Other Service Provider | $43,164 | — | $43,164 |
| NATALIE AMAYA | Other Service Provider | $39,120 | — | $39,120 |
| SABRINA M BAUER | Other Service Provider | $36,848 | — | $36,848 |
| STEPHANIE DURAN ORTIZ | Other Service Provider | $35,244 | — | $35,244 |
| JEANINE CUFFEY | Other Service Provider | $34,735 | — | $34,735 |
| PRUDENTIAL TRUST CO. | Other Service Provider | $34,583 | — | $34,583 |
| LILLIAN ANTOMMARCHI | Other Service Provider | $33,905 | — | $33,905 |
| MEGAN SHEMANSKI | Other Service Provider | $31,060 | — | $31,060 |
| NANCY TARNATE | Other Service Provider | $30,332 | — | $30,332 |
| INSIGHT DIRECT | Other Service Provider | $28,247 | — | $28,247 |
| GABRIELLA DEL CASTILLO | Other Service Provider | $28,231 | — | $28,231 |
| HOCS CONSULTING | Other Service Provider | $27,600 | — | $27,600 |
| ELIZABETH GUERRA | Other Service Provider | $26,473 | — | $26,473 |
| MCCLOSKEY MECHANICAL CONTRACTORS, I | Other Service Provider | $25,005 | — | $25,005 |
| PRUDENTIAL TRUST CO. | Other Service Provider | $22,409 | — | $22,409 |
| DAHAB ASSOCIATES | Other Service Provider | $21,151 | — | $21,151 |
| WESTERMAN BALL EDERER MILLER ZUCKER | Other Service Provider | $14,391 | — | $14,391 |
| SABA SOFTWARE INC. | Other Service Provider | $14,317 | — | $14,317 |
| SAGE SOFTWARE, INC | Other Service Provider | $11,865 | — | $11,865 |
| OTIS ELEVATOR COMPANY | Other Service Provider | $11,764 | — | $11,764 |
| TRAVISOFT SOFTWARE INC | Other Service Provider | $10,305 | — | $10,305 |
| PHARMACY DATA MANAGEMENT, LLC | Other Service Provider | $9,400 | — | $9,400 |
| DRAIN PRO SEWER & DRAIN SERVICE | Other Service Provider | $6,397 | — | $6,397 |
| BARNES, IACCARINO & SHEPHERD, PLLC | Other Service Provider | $5,690 | — | $5,690 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,061,624
- Estimated Expense Ratio: 5.805% 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 | $10,611,958 | $265,504 | $1,052,500 | $75,000 | — |
| 2023 | $10,293,861 | $181,282 | $958,202 | $75,000 | — |
| 2022 | $8,379,664 | $146,596 | $748,912 | — | $412,637 |