Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Bricklayers Insurance And Welfare Fund
- Sponsor EIN: 131575218
- Sponsor Address: 66-05 WOODHAVEN BOULEVARD, REGO PARK, NY, 113745227
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 877
- Total Assets: $30.2M
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 | 877 | $30.2M | $14.9M | $8.6M |
| 2023 | 896 | $29.8M | $16.0M | $9.3M |
| 2022 | 903 | $27.2M | $11.9M | $8.0M |
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 |
|---|---|---|---|---|
| MAGNACARE | Other Service Provider | $393,329 | — | $393,329 |
| ANTHEM BLUE CROSS | Other Service Provider | $354,371 | — | $354,371 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $169,853 | — | $169,853 |
| DOAR RIECK KALEY & MACK | ERISA Attorney | $94,659 | — | $94,659 |
| FUIMAN MOGILA LLP | Other Service Provider | $87,777 | — | $87,777 |
| DATA SURGE SOLUTIONS OF NY INC | Other Service Provider | $59,285 | — | $59,285 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $55,902 | — | $55,902 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $40,000 | — | $40,000 |
| ADMINISTRATIVE SERVICES ONLY, INC | Other Service Provider | $30,795 | — | $30,795 |
| CUNNINGHAM & CUNNINGHAM, LLP | Other Service Provider | $29,708 | — | $29,708 |
| HIGHLAND CAPITAL MGMT LLC | Other Service Provider | $16,957 | — | $16,957 |
| REAL TIME CONSULTANTS | Other Service Provider | $13,564 | — | $13,564 |
| SMART DATA SOLUTIONS | Other Service Provider | $10,855 | — | $10,855 |
| WILMINGTON TRUST | Other Service Provider | $10,055 | — | $10,055 |
| QUANVEST-VEST CONSULTANTS, INC. | Other Service Provider | $5,616 | — | $5,616 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,372,726
- Estimated Expense Ratio: 4.550% 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 | $1,572,241 | $10,055 | — | $53,825 | — |
| 2023 | $1,475,906 | $23,679 | — | $51,750 | — |
| 2022 | $1,644,980 | $37,554 | — | — | $573,228 |