Plan Snapshot
- Plan Sponsor: Excavators Union 731 Welfare
- Sponsor EIN: 131615440
- Sponsor Address: 34-11 35TH AVENUE, ASTORIA, NY, 11106
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 4,820
- Total Assets: $1.1B
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 | 4,820 | $1.1B | $274.7M | $286,264 |
| 2023 | 4,677 | $931.0M | $244.7M | $264,893 |
| 2022 | 4,586 | $763.6M | $226.0M | $342,644 |
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 |
|---|---|---|---|---|
| EMPIRE BLUECROSS BLUESHIELD | Other Service Provider | $3,867,536 | — | $3,867,536 |
| ATALANTA SOSNOFF CAPITAL, LLC | Other Service Provider | $466,984 | — | $466,984 |
| BARROW HANLEY | Other Service Provider | $422,435 | — | $422,435 |
| MELVIN FEDER | ERISA Attorney | $333,060 | — | $333,060 |
| ALLIANCE BERNSTEIN | Other Service Provider | $320,794 | — | $320,794 |
| DELTA DENTAL | Other Service Provider | $298,425 | — | $298,425 |
| CAREMARK | Other Service Provider | $241,761 | — | $241,761 |
| CASTIGLIA LLP | Auditor | $237,123 | — | $237,123 |
| PIMCO | Other Service Provider | $225,289 | — | $225,289 |
| SEGAL CO. | Other Service Provider | $166,325 | — | $166,325 |
| JESSICA PIZA | Other Service Provider | $112,354 | — | $112,354 |
| JP MORGAN | Recordkeeper | $112,000 | — | $112,000 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $94,804 | — | $94,804 |
| LYDIA DESHONG | Other Service Provider | $90,655 | — | $90,655 |
| YVETTE RIVERA | Other Service Provider | $71,471 | — | $71,471 |
| D SAN ANDRES | Other Service Provider | $68,017 | — | $68,017 |
| NICOLE LANZAROTTA | Other Service Provider | $66,626 | — | $66,626 |
| M CHEN | Other Service Provider | $47,687 | — | $47,687 |
| PREMIER TECHNOLOGY SOLUTIONS | Other Service Provider | $41,740 | — | $41,740 |
| MERRILL LYNCH | Other Service Provider | $36,600 | — | $36,600 |
| PART D ADVISORS | Other Service Provider | $25,011 | — | $25,011 |
| SYNTONICS | Other Service Provider | $13,860 | — | $13,860 |
| QUADIANT | Other Service Provider | $10,452 | — | $10,452 |
| STEPHEN O'BEIRNE | Other Service Provider | $10,177 | — | $10,177 |
| LERNER LAW | ERISA Attorney | $8,190 | — | $8,190 |
| 3P ADMIN SOLUTIONS | Other Service Provider | $5,600 | — | $5,600 |
| WAGEWORKS | Other Service Provider | $5,382 | — | $5,382 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,400,358
- Estimated Expense Ratio: 0.665% 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 | $9,779,772 | $1,472,102 | $4,407,722 | $160,045 | — |
| 2023 | $10,174,799 | $1,272,687 | $5,171,428 | $157,485 | — |
| 2022 | $10,085,458 | $1,295,058 | $4,966,932 | — | $776,634 |