Plan Snapshot
- Plan Sponsor: Bot Of Smart Local 137 Insurance Fund
- Sponsor EIN: 135520944
- Sponsor Address: 50-02 5TH STREET, STE A, LONG ISLAND CITY, NY, 11101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 190
- Total Assets: $17.7M
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. |
|---|---|---|---|---|
| 2025 | 190 | $17.7M | $0 | $0 |
| 2024 | 249 | $17.7M | $6.3M | $154,980 |
| 2023 | 254 | $16.9M | $6.4M | $143,320 |
| 2022 | 266 | $15.7M | $6.3M | $140,375 |
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 |
|---|---|---|---|---|
| R. BASULTO | Other Service Provider | $153,550 | — | $153,550 |
| ANTHEM HEALTHCHOICE ASSURANCE, INC. | Other Service Provider | $138,284 | — | $138,284 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $122,187 | — | $122,187 |
| P. KIERNAN | Other Service Provider | $101,431 | — | $101,431 |
| S. D FREDA | Other Service Provider | $99,356 | — | $99,356 |
| BENESYS, INC. | Other Service Provider | $47,650 | — | $47,650 |
| THE SEGAL CO (EASTERN STATES), INC. | Other Service Provider | $42,500 | — | $42,500 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $38,629 | — | $38,629 |
| CYBERSECOP | Other Service Provider | $37,200 | — | $37,200 |
| LABOR FIRST, LLC | Other Service Provider | $21,345 | — | $21,345 |
| COLLERAN, O'HARA & MILLS LLP | ERISA Attorney | $20,654 | — | $20,654 |
| INTERNATIONAL FOUNDATION OF EMPLOYE | Other Service Provider | $14,650 | — | $14,650 |
| GUARDIAN LIFE INSURANCE | Other Service Provider | $14,448 | — | $14,448 |
| GREGORY MATTHEW WEALTH MANAGEMENT | Other Service Provider | $13,367 | — | $13,367 |
| PAYCHEX | Other Service Provider | $5,872 | — | $5,872 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $871,123
- Estimated Expense Ratio: 4.935% 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 |
|---|---|---|---|---|---|
| 2025 | $7,874,481 | $19,723 | — | $56,000 | — |
| 2024 | $598,135 | $17,460 | — | $55,000 | — |
| 2023 | $567,367 | $16,361 | — | $54,000 | — |
| 2022 | $525,891 | $14,301 | — | — | $153,744 |