Plan Snapshot
- Plan Sponsor: Iamaw District No. 15 New England Area Health And Welfare Fund
- Sponsor EIN: 020351951
- Sponsor Address: 140 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ, 07632
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 299
- Total Assets: $4.1M
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 | 299 | $4.1M | $5.7M | $1,992 |
| 2023 | 276 | $3.5M | $4.9M | $3,560 |
| 2022 | 250 | $3.2M | $4.3M | $29,145 |
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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, L.L.P | Auditor | $28,000 | — | $28,000 |
| MERRILL LYNCH | Other Service Provider | $26,501 | — | $26,501 |
| CBIZ BENEFITS AND INSURANCE SVCS | Other Service Provider | $16,245 | — | $16,245 |
| BLUE CROSS BLUE SHIELD OF MA | Other Service Provider | $13,491 | — | $13,491 |
| LANGAN AND DEMPSEY | Other Service Provider | $9,000 | — | $9,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, L.L.P — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,237
- Estimated Expense Ratio: 2.283% 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 | $109,889 | $26,501 | $17,967 | $28,000 | — |
| 2023 | $112,761 | $20,670 | $20,045 | $42,843 | — |
| 2022 | $97,361 | $17,655 | $15,866 | — | $52,533 |