Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Catastrophe Major M
- Sponsor EIN: 477358956
- Sponsor Address: 800 TROY-SCHENECTADY ROAD, LATHAM, NY, 121102455
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 20,575
- Total Assets: $212.1M
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 | 20,575 | $212.1M | $0 | $37.4M |
| 2023 | 21,684 | $184.9M | $0 | $37.3M |
| 2022 | 20,651 | $159.5M | $0 | $38.4M |
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 |
|---|---|---|---|---|
| HEALTHSMART BENEFIT SOLUTIONS | Other Service Provider | $2,681,584 | — | $2,681,584 |
| AMBA ADMINISTRATORS INC. | Other Service Provider | $2,600,699 | — | $2,600,699 |
| NYSUT MEMBER BENEFITS TRUST | Other Service Provider | $1,101,395 | — | $1,101,395 |
| STACEY BRAUN ASSOCIATES, INC | Other Service Provider | $660,297 | — | $660,297 |
| WEAVER AND TIDWELL, LLP | Auditor | $47,411 | — | $47,411 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $41,929 | — | $41,929 |
| SEGAL MARCO ADVISORS | Other Service Provider | $35,000 | — | $35,000 |
| MEYER, SUOZZI, ENGLISH & KLEIN P.C. | Other Service Provider | $26,628 | — | $26,628 |
| PJ GREEN INC. | Other Service Provider | $8,708 | — | $8,708 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,203,651
- Estimated Expense Ratio: 3.396% 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 | $6,552,344 | $764,797 | $5,222,259 | $37,411 | — |
| 2023 | $6,848,098 | $567,059 | $5,361,340 | $64,176 | — |
| 2022 | $7,153,054 | $501,999 | $5,995,823 | — | $238,096 |