Plan Snapshot
- Plan Sponsor: Health & Welfare Fund Of Roofers Local N
- Sponsor EIN: 237381527
- Sponsor Address: 280 METRO PARK, ROCHESTER, NY, 14623
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 119
- Total Assets: $10.7M
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 | 119 | $10.7M | $2.8M | $97,495 |
| 2023 | 143 | $9.3M | $2.6M | $5,318 |
| 2022 | 117 | $8.2M | $2.7M | $6,282 |
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 |
|---|---|---|---|---|
| ANTHONY NOYER | Other Service Provider | $81,611 | — | $81,611 |
| BONADIO & CO., LLP | Auditor | $64,623 | — | $64,623 |
| CARLOS MARTINEZ | Other Service Provider | $54,854 | — | $54,854 |
| KARPUS INVESTMENT MANAGERS | Other Service Provider | $52,640 | — | $52,640 |
| MORGAN STANLEY | Other Service Provider | $41,159 | — | $41,159 |
| ROOFERS LOCAL 22 BUILDING FUND | Other Service Provider | $18,428 | — | $18,428 |
| ROBERT PIZZO, ESQ. | Other Service Provider | $15,500 | — | $15,500 |
| TELPERION SOLUTIONS GROUP | Other Service Provider | $8,401 | — | $8,401 |
| PILOT CONSULTING, INC | Other Service Provider | $6,800 | — | $6,800 |
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: $344,016
- Estimated Expense Ratio: 3.223% 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 | $563,156 | $93,799 | — | $22,750 | — |
| 2023 | $517,119 | $86,448 | — | $22,725 | — |
| 2022 | $510,222 | $81,111 | — | — | $86,818 |