Plan Snapshot
- Plan Sponsor: Board Of Trustees Retiree Plan Of The Iuoe Local 15 Welfare Fund
- Sponsor EIN: 136694320
- Sponsor Address: 44-40 11TH STREET, LONG ISLAND CITY, NY, 11101
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 1,156
- Total Assets: $10,900
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. |
|---|---|---|---|---|
| 2025 | 1,156 | $10,900 | $0 | $0 |
| 2024 | 1,120 | $19,034 | $6.1M | $0 |
| 2023 | 1,009 | $32,946 | $4.7M | $0 |
| 2022 | 1,092 | $30,143 | $5.4M | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $10,900 | — | $10,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,900
- Estimated Expense Ratio: 100.000% 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 |
|---|---|---|---|---|---|
| 2025 | $4,874,934 | — | — | $10,900 | — |
| 2024 | $256,650 | — | — | $10,900 | — |
| 2023 | $202,224 | — | — | $10,900 | — |
| 2022 | $250,195 | — | — | — | $50,071 |