Plan Snapshot
- Plan Sponsor: Construction And General Building Laborers Local Union 79
- Sponsor EIN: 133882419
- Sponsor Address: 131 W. 33RD STREET, 7TH FLOOR, NEW YORK, NY, 10001
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 6,123
- Total Assets: $115,132
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 | 6,123 | $115,132 | $0 | $0 |
| 2023 | 6,112 | $104,720 | $0 | $0 |
| 2022 | 5,788 | $113,067 | $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 |
|---|---|---|---|---|
| GORLICK, KRAVITZ & LISTHAUS PC | ERISA Attorney | $1,390,875 | — | $1,390,875 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $9,250 | — | $9,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,400,125
- Estimated Expense Ratio: 1216.104% 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 | $11,088 | — | — | — | — |
| 2023 | $8,750 | — | — | — | — |
| 2022 | $8,250 | — | — | — | $8,250 |