Plan Snapshot
- Plan Sponsor: Hollow Metal Trust Fund
- Sponsor EIN: 112750720
- Sponsor Address: 395 HUDSON STREET, 9TH FL., NEW YORK, NY, 10014
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 741
- Total Assets: $36.4M
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 | 741 | $36.4M | $9.1M | $4,960 |
| 2023 | 752 | $35.9M | $8.8M | $43,250 |
| 2022 | 729 | $36.2M | $8.6M | $44,345 |
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 |
|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $234,066 | — | $234,066 |
| AIMIE COLLAZO | Other Service Provider | $107,419 | — | $107,419 |
| DENISE ORTIZ | Other Service Provider | $91,799 | — | $91,799 |
| JUAN RENGIFO | Other Service Provider | $91,577 | — | $91,577 |
| NOVAK FRANCELLA LLC | Auditor | $65,993 | — | $65,993 |
| FIRST ACTUARIAL CONSULTING INC | Other Service Provider | $61,405 | — | $61,405 |
| JOSEPH RED | Other Service Provider | $59,794 | — | $59,794 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $56,841 | — | $56,841 |
| PEARSON KYSHIMA | Other Service Provider | $51,779 | — | $51,779 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $39,847 | — | $39,847 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $35,780 | — | $35,780 |
| TRIVELLA & FORTE LLP | Other Service Provider | $33,600 | — | $33,600 |
| SCHULTHEIS & PANETTIERI LP | Auditor | $32,765 | — | $32,765 |
| KAUFF MCGUIRE & MARGOLIS LLP | Other Service Provider | $15,731 | — | $15,731 |
| CIGNA HEALTHCARE | Other Service Provider | $13,640 | — | $13,640 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $12,250 | — | $12,250 |
| LEVEL CARE HEALTH CONSORTIUM | Other Service Provider | $11,336 | — | $11,336 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $10,688 | — | $10,688 |
| VIRGINIA & AMBINDER LLP | Other Service Provider | $9,207 | — | $9,207 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- SCHULTHEIS & PANETTIERI LP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,035,517
- Estimated Expense Ratio: 2.847% 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 | $1,004,438 | $67,061 | — | $33,005 | — |
| 2023 | $879,957 | $64,057 | — | $33,000 | — |
| 2022 | $884,546 | $80,421 | — | — | $284,056 |