Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Asbestos Workers Local 12a Health Fund
- Sponsor EIN: 113517511
- Sponsor Address: 1040 AVE OF THE AMERICAS 24TH FL, NEW YORK, NY, 10018
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 64
- Total Assets: $7.5M
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 | 64 | $7.5M | $2.4M | $3,760 |
| 2023 | 143 | $7.2M | $3.1M | $530 |
| 2022 | 144 | $6.4M | $2.4M | $11,155 |
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 |
|---|---|---|---|---|
| DH COOK ASSOCIATES | Other Service Provider | $63,000 | — | $63,000 |
| COLLERAN OHARA & MILLS LLP | Other Service Provider | $52,539 | — | $52,539 |
| JOSEPH M. STERN ASSOCIATE | Other Service Provider | $28,644 | — | $28,644 |
| GOULD KOBRICK & SCHLAPP, PC | Auditor | $19,500 | — | $19,500 |
| ATALANTA SOSNOFF | Other Service Provider | $18,298 | — | $18,298 |
| BISCEGLIE & ASSOCIATES PC | Other Service Provider | $18,000 | — | $18,000 |
| MERRILL LYNCH | Other Service Provider | $14,193 | — | $14,193 |
| RAE CONSULTING | Other Service Provider | $9,125 | — | $9,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOULD KOBRICK & SCHLAPP, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $223,299
- Estimated Expense Ratio: 2.982% 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 | $253,291 | $18,298 | $66,876 | $19,500 | — |
| 2023 | $268,058 | $16,107 | $67,592 | $19,500 | — |
| 2022 | $2,269,877 | — | — | — | — |