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: Health & Welfare
- Plan Number: 502
- Total Participants: 473
- Total Assets: $77,332
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 | 473 | $77,332 | $1.8M | $20,076 |
| 2023 | 490 | $567,172 | $1.9M | $18,107 |
| 2022 | 504 | $155,480 | $2.9M | $15,662 |
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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $12,500 | — | $12,500 |
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: $12,500
- Estimated Expense Ratio: 16.164% 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 | $121,599 | — | — | $12,500 | — |
| 2023 | $113,873 | — | — | $12,025 | — |
| 2022 | $199,435 | — | — | — | $11,570 |