Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The 1199seiu League Registered Nurse Training Fun
- Sponsor EIN: 133946135
- Sponsor Address: P.O BOX 842, NEW YORK, NY, 10108
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 8,433
- Total Assets: $8.3M
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 | 8,433 | $8.3M | $3.5M | $0 |
| 2023 | 7,957 | $6.4M | $3.2M | $0 |
| 2022 | 7,320 | $5.1M | $2.9M | $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 |
|---|---|---|---|---|
| 1199SEIU NATIONAL BENEFIT FUND FOR | Other Service Provider | $976,023 | — | $976,023 |
| NES ASSOCIATES, LTD. | Other Service Provider | $160,800 | — | $160,800 |
| MULTI SERVICES AND CONSULTING CORP. | Other Service Provider | $123,040 | — | $123,040 |
| 1199SEIU UNITED HEALTHCARE WORKERS | Other Service Provider | $53,370 | — | $53,370 |
| CARE IMPROVEMENT STRATEGIES LLC | Other Service Provider | $50,000 | — | $50,000 |
| VISIONEM, INC. | Other Service Provider | $37,200 | — | $37,200 |
| WEAVER AND TIDWELL LLP | Auditor | $31,425 | — | $31,425 |
| NEW YORK-PRESBYTERIAN/QUEENS | Other Service Provider | $28,020 | — | $28,020 |
| EMERGENCY NURSES ASSOCIATION | Other Service Provider | $15,360 | — | $15,360 |
| ADELPHI UNIVERSITY | Other Service Provider | $9,635 | — | $9,635 |
| FRESH KITCHEN INC | Other Service Provider | $8,943 | — | $8,943 |
| BETH ISRAEL MEDICAL CENTER | Other Service Provider | $6,000 | — | $6,000 |
| H-CAP EDUCATION ASSOCIATION, INC. | Other Service Provider | $6,000 | — | $6,000 |
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: $1,505,816
- Estimated Expense Ratio: 18.200% 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 | $667,815 | — | — | $34,650 | — |
| 2023 | $704,010 | — | — | $34,650 | — |
| 2022 | $677,774 | — | — | — | $35,497 |