Plan Snapshot
- Plan Sponsor: Brd Of Tr Of The Empl Sec Fd Of The Elec Prod Ind-Health & Welfare Pl
- Sponsor EIN: 136100908
- Sponsor Address: 158-11 HARRY VAN ARSDALE JR. AVENUE, FLUSHING, NY, 11365
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,510
- Total Assets: $20.0M
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 | 1,510 | $20.0M | $21.3M | $56,524 |
| 2023 | 1,399 | $18.0M | $24.6M | $73,661 |
| 2022 | 1,311 | $10.6M | $22.5M | $90,697 |
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 |
|---|---|---|---|---|
| MAGNACARE | Other Service Provider | $884,544 | — | $884,544 |
| JOINT INDUSTRY BOARD | Recordkeeper | $590,749 | — | $590,749 |
| EXPRESS SCRIPTS | Other Service Provider | $125,409 | — | $125,409 |
| ALLIANT INSURANCE SERVICES | Other Service Provider | $53,458 | — | $53,458 |
| MILLIMAN INC | Recordkeeper | $41,000 | — | $41,000 |
| SIRIUS COMPUTER SOLUTIONS LLC | Other Service Provider | $33,535 | — | $33,535 |
| DEUTSCHE BANK | Other Service Provider | $19,568 | — | $19,568 |
| DD SERVICES, INC. | Other Service Provider | $17,872 | — | $17,872 |
| INSIGHT NORTH AMERICA | Other Service Provider | $7,451 | — | $7,451 |
| RSM US LLP | Auditor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN INC — Recordkeeper
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,778,586
- Estimated Expense Ratio: 8.893% 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 | $1,857,871 | $7,753 | $1,618,574 | $5,000 | — |
| 2023 | $1,775,035 | $11,250 | $1,602,690 | — | — |
| 2022 | $1,893,749 | $6,094 | $1,584,830 | — | $57,145 |