Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 1205 Welfare Fund
- Sponsor EIN: 111586595
- Sponsor Address: 246 CONKLIN STREET, FARMINGDALE, NY, 11735
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 852
- Total Assets: $38.7M
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 | 852 | $38.7M | $17.9M | $335,552 |
| 2023 | 861 | $37.6M | $17.4M | $384,173 |
| 2022 | 852 | $36.1M | $17.4M | $419,543 |
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 |
|---|---|---|---|---|
| EMPIRE HEALTHCHOICE ASSURANCE, INC. | Other Service Provider | $374,253 | — | $374,253 |
| VENUS TEMPLE | Other Service Provider | $97,093 | — | $97,093 |
| TINA NARDI | Other Service Provider | $86,498 | — | $86,498 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $74,656 | — | $74,656 |
| ROTHMAN ROCCA LARUFFA, LLP | Other Service Provider | $61,200 | — | $61,200 |
| MELISSA DIMARIA | Other Service Provider | $58,107 | — | $58,107 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $54,129 | — | $54,129 |
| PAIGE GOLDING | Other Service Provider | $53,445 | — | $53,445 |
| EXPRESS SCRIPTS, INC | Other Service Provider | $47,892 | — | $47,892 |
| CHRISSY SINACORI | Other Service Provider | $47,577 | — | $47,577 |
| AMALGAMATED MEDICAL CARE MGMT. | Other Service Provider | $41,100 | — | $41,100 |
| CALIBRE CPA GROUP, PLLC | Auditor | $31,127 | — | $31,127 |
| REYNOLDS CONSULTING SERVICES, LLC | Other Service Provider | $22,000 | — | $22,000 |
| TEAMSTER CENTER SERVICES | Other Service Provider | $21,984 | — | $21,984 |
| SELF-INSURED DENTAL SERVICES | Other Service Provider | $21,964 | — | $21,964 |
| HIGHLAND CAPITAL MANAGEMENT, LLC | Other Service Provider | $13,797 | — | $13,797 |
| AMALGAMATED BANK | Other Service Provider | $8,350 | $94 | $8,444 |
| FREDRICK AST | Other Service Provider | $7,200 | — | $7,200 |
| CITRIN COOPERMAN ADVISORS LLC | Other Service Provider | $6,923 | — | $6,923 |
| UNITED LABOR SYSTEMS | Other Service Provider | $5,937 | — | $5,937 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,135,326
- Estimated Expense Ratio: 2.935% 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 | $802,626 | $42,287 | — | $31,127 | — |
| 2023 | $772,065 | $39,782 | — | $28,568 | — |
| 2022 | $787,342 | $34,971 | — | — | $166,175 |