Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Iwdc Of Wny And Vicinity Welfare Fund
- Sponsor EIN: 160776208
- Sponsor Address: 3445 WINTON PLACE, SUITE 238, ROCHESTER, NY, 146232950
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 340
- Total Assets: $9.3M
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 | 340 | $9.3M | $7.0M | $125,310 |
| 2023 | 237 | $6.7M | $4.5M | $168,928 |
| 2022 | 285 | $6.1M | $5.2M | $134,196 |
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 |
|---|---|---|---|---|
| EXCELLUS BLUECROSS BLUESHIELD | Other Service Provider | $301,750 | — | $301,750 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $140,927 | $89 | $141,016 |
| LAURIE GOOD | Other Service Provider | $110,690 | $290 | $110,980 |
| THE SEGAL COMPANY INC | Other Service Provider | $105,249 | $2,104 | $107,353 |
| BLITMAN AND KING, LLP | Other Service Provider | $90,285 | $121 | $90,406 |
| DAWN DOWNING | Other Service Provider | $67,702 | — | $67,702 |
| MARIA HILBERT | Other Service Provider | $65,109 | — | $65,109 |
| LIALETTE BULLOCK | Other Service Provider | $64,190 | — | $64,190 |
| TERRI LEFLER | Other Service Provider | $62,722 | — | $62,722 |
| ARCARA LENDA EUSANIO & STACEY CPAS | Other Service Provider | $47,404 | $183 | $47,587 |
| MANNING & NAPIER, INC. | Other Service Provider | $26,991 | — | $26,991 |
| PC RESULTS, INC. | Other Service Provider | $14,042 | — | $14,042 |
| FAIR HEALTH INC. | Other Service Provider | $8,601 | — | $8,601 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,108,449
- Estimated Expense Ratio: 11.937% 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 | $1,537,215 | $26,991 | $304,707 | $47,404 | — |
| 2023 | $1,227,645 | $23,508 | $268,789 | $42,925 | — |
| 2022 | $1,325,914 | $18,765 | — | — | $674,676 |