Plan Snapshot
- Plan Sponsor: International Brotherhood Of Bricklayers Local 8 Welfare Plan
- Sponsor EIN: 166058900
- Sponsor Address: 605 WEST STATE STREET, ITHACA, NY, 14850
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 79
- Total Assets: $2.5M
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 | 79 | $2.5M | $1.7M | $146,041 |
| 2023 | 85 | $2.4M | $1.5M | $143,323 |
| 2022 | 96 | $2.5M | $1.5M | $141,724 |
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 |
|---|---|---|---|---|
| ASHLEY TILEBEIN | Other Service Provider | $30,888 | — | $30,888 |
| TRONCONI SEGARRA & ASSOCIATES LLP | Other Service Provider | $23,805 | — | $23,805 |
| LIPSITZ GREEN SCIME CAMBRIA | Other Service Provider | $23,739 | — | $23,739 |
| PIERCE PARK GROUP | Other Service Provider | $17,800 | — | $17,800 |
| ARCARA LENDA EUSANIO & STACY CPAS | Other Service Provider | $15,683 | — | $15,683 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,915
- Estimated Expense Ratio: 4.416% 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 | $215,082 | $17,800 | — | $39,488 | — |
| 2023 | $175,479 | $18,614 | — | $32,354 | — |
| 2022 | $160,079 | $19,089 | — | — | $40,152 |