Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Iron Workers District Council Of Western
- Sponsor EIN: 161550492
- Sponsor Address: 3445 WINTON PLACE, SUITE 238, ROCHESTER, NY, 14623
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 253
- Total Assets: $9.4M
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 | 253 | $9.4M | $637,248 | $0 |
| 2023 | 208 | $9.0M | $436,949 | $0 |
| 2022 | 208 | $8.7M | $473,399 | $0 |
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 |
|---|---|---|---|---|
| IWDC OF WNY & VICINITY WELFARE FUND | Other Service Provider | $188,910 | — | $188,910 |
| MANNING & NAPIER ADVISORS, LLC | Other Service Provider | $34,892 | — | $34,892 |
| ARCARA LENDA EUSANIO & STACEY CPAS | Other Service Provider | $26,896 | $183 | $27,079 |
| BLITMAN & KING LLP | Other Service Provider | $15,513 | $121 | $15,634 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $266,515
- Estimated Expense Ratio: 2.845% 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 | $277,430 | $34,892 | — | $26,896 | — |
| 2023 | $246,643 | $34,296 | — | $29,777 | — |
| 2022 | $214,369 | $36,446 | — | — | $51,500 |