Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 1430 Welfare Fund
- Sponsor EIN: 131835737
- Sponsor Address: 84 BUSINESS PARK DRIVE, ARMONK, NY, 10504
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 289
- Total Assets: $2.9M
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 | 289 | $2.9M | $4.6M | $0 |
| 2023 | 300 | $2.6M | $3.8M | $0 |
| 2022 | 273 | $2.9M | $3.3M | $1,145 |
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 |
|---|---|---|---|---|
| ROSEMARIE MCCARTHY | Other Service Provider | $98,120 | — | $98,120 |
| LAYNE MCCARTHY | Other Service Provider | $65,948 | — | $65,948 |
| GILBERTO MENDOZA | Custodian / Trustee | $47,370 | — | $47,370 |
| LEAH GRAYGOR | Other Service Provider | $45,009 | — | $45,009 |
| FABIAN & BYRN LLC | Other Service Provider | $43,796 | — | $43,796 |
| MCCARTHY & PREECE PLLC | Other Service Provider | $42,000 | — | $42,000 |
| CHRISTINE LAURIE EMPEY | Other Service Provider | $41,953 | — | $41,953 |
| WEAVER & TIDWELL, LLP | Auditor | $26,000 | — | $26,000 |
| ANDREW FAIR ESQ | Custodian / Trustee | $18,000 | — | $18,000 |
| MATTHEW ROCCO | Custodian / Trustee | $18,000 | — | $18,000 |
| DYLAN WILEY | Custodian / Trustee | $15,000 | — | $15,000 |
| LAWRENCE S. FISCHER, CPA | Other Service Provider | $9,630 | — | $9,630 |
| SUMMIT ACTUARIAL SERVICES | Other Service Provider | $9,000 | — | $9,000 |
| CORSTAR COMMUNICATIONS LLC | Other Service Provider | $7,875 | — | $7,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $487,701
- Estimated Expense Ratio: 16.875% 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 | $597,972 | $3,000 | — | $33,200 | — |
| 2023 | $692,320 | $5,250 | — | — | — |
| 2022 | $643,527 | $5,250 | — | — | $126,750 |