Plan Snapshot
- Plan Sponsor: I.B.E.W. Local Union No. 237 Health And Welfare Fund
- Sponsor EIN: 160834222
- Sponsor Address: 6700 SCHULTZ ST, NIAGARA FALLS, NY, 14304
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 285
- Total Assets: $13.7M
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 | 285 | $13.7M | $6.1M | $64,885 |
| 2023 | 275 | $12.1M | $6.0M | $154,228 |
| 2022 | 185 | $9.8M | $5.1M | $130,496 |
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 |
|---|---|---|---|---|
| ANGELA STANISZ | Recordkeeper | $76,418 | — | $76,418 |
| BLITMAN & KING, LLP | ERISA Attorney | $43,727 | — | $43,727 |
| BONADIO & CO., LLP | Auditor | $37,120 | — | $37,120 |
| PCA TECHNOLOGY GROUP, INC. | Other Service Provider | $33,293 | — | $33,293 |
| SEGAL MARCO ADVISORS | Investment Advisor | $28,833 | — | $28,833 |
| ASHELY STOGNER | Recordkeeper | $28,212 | — | $28,212 |
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: $247,603
- Estimated Expense Ratio: 1.814% 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 | $648,020 | $32,253 | — | $18,600 | — |
| 2023 | $588,590 | $23,278 | — | $17,900 | — |
| 2022 | $450,577 | $21,700 | — | — | $75,997 |