Plan Snapshot
- Plan Sponsor: Buffalo Police Benevolent Association, INC.
- Sponsor EIN: 161240173
- Sponsor Address: 68 COURT STREET, BUFFALO, NY, 14202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 763
- Total Assets: $808,389
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 | 763 | $808,389 | $0 | $0 |
| 2023 | 743 | $752,085 | $0 | $75,000 |
| 2022 | 733 | $711,310 | $0 | $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 |
|---|---|---|---|---|
| DANSA D'ARATA SOUCIA LLP | Auditor | $8,590 | — | $8,590 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,590
- Estimated Expense Ratio: 1.063% 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 | $11,414 | $2,629 | — | $8,590 | — |
| 2023 | $10,826 | $8,020 | — | — | — |
| 2022 | $10,338 | — | $2,330 | — | $7,845 |