Plan Snapshot
- Plan Sponsor: Correctional Security Trust Benefit Fund
- Sponsor EIN: 141742942
- Sponsor Address: P.O. BOX 869, PLATTSBURGH, NY, 12901
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,906
- Total Assets: $1.7M
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. |
|---|---|---|---|---|
| 2024 | 2,906 | $1.7M | $0 | $173,874 |
| 2023 | 2,992 | $1.5M | $0 | $175,510 |
| 2022 | 3,034 | $1.4M | $0 | $178,869 |
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 |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | $16,105 | — | $16,105 |
| EASTERN TECHNICAL SERVICES INC | Other Service Provider | $14,824 | — | $14,824 |
| PINNACLE PROPERTIES, LLC | Other Service Provider | $6,732 | — | $6,732 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,661
- Estimated Expense Ratio: 2.200% 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 | $52,873 | — | — | $16,105 | — |
| 2023 | $56,147 | — | — | — | — |
| 2022 | $44,736 | — | — | — | $13,333 |