Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Local 966
- Sponsor EIN: 131911036
- Sponsor Address: 45-06 PEARSON STREET, 2ND FLOOR, LONG ISLAND CITY, NY, 11101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 0
- Total Assets: $232,034
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 | 0 | $232,034 | $654,590 | $0 |
| 2023 | 287 | $759,626 | $4.6M | $0 |
| 2022 | 299 | $1.3M | $4.2M | $28,442 |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $107,756 | — | $107,756 |
| COHEN, WEISS AND SIMON LLP | Other Service Provider | $56,121 | — | $56,121 |
| NOVAK FRANCELLA, LLC | Auditor | $38,628 | — | $38,628 |
| AETNA | Other Service Provider | $24,820 | — | $24,820 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $227,325
- Estimated Expense Ratio: 97.971% 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 | $241,861 | — | $132,797 | $25,199 | — |
| 2023 | $404,897 | — | $115,298 | $19,500 | — |
| 2022 | $370,934 | — | $115,116 | — | $31,266 |