# International Union Of Operating Engineers Welfare Fund Local 295 Health & Welfare Plan
Source: https://planprovider.pro/companies/international-union-of-operating-engineers-welfare-fund-local-295-111964991-501

> International Union Of Operating Engineers Welfare Fund Local 295's Health & Welfare plan: 666 participants, plan year 2025 financials, providers, and benchm…

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** International Union Of Operating Engineers Welfare Fund Local 295

- **Sponsor EIN:** 111964991

- **Sponsor Address:** 61-04 MAURICE AVENUE, MASPETH, NY, 11378

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 666

- **Total Assets:** $16.7M

## 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.|

| 2025|666|$16.7M|$0|$0|

| 2024|589|$15.6M|$7.4M|$44,680|

| 2023|530|$18.7M|$7.4M|$80,846|

| 2022|503|$18.8M|$7.2M|$80,714|

## 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|

| ANGELO CORDISCO|Other Service Provider|$316,448|—|$316,448|

| STEPHEN MOGILA|Other Service Provider|$212,784|—|$212,784|

| ANTHEM BLUE CROSS BLUE SHEILD|Other Service Provider|$198,856|—|$198,856|

| MICHAEL PISANTI|Other Service Provider|$164,047|—|$164,047|

| KIMBERLEY BLAIR|Other Service Provider|$138,734|—|$138,734|

| INSURANCE DESIGN ADMINISTRATORS|Recordkeeper|$123,188|—|$123,188|

| NINA DICIOCCIO|Other Service Provider|$106,951|—|$106,951|

| MODERN ADMINISTRATION SYSTEMS LLC|Other Service Provider|$47,837|—|$47,837|

| ALEXA JOHNSTON|Other Service Provider|$41,549|—|$41,549|

| FITZSIMMONS ABRAMS, LLP|Other Service Provider|$36,600|—|$36,600|

| MORGAN STANLEY SMITH BARNEY LLC|Other Service Provider|$33,949|—|$33,949|

| FIRST ACTUARIAL CONSULTING INC|Other Service Provider|$24,400|—|$24,400|

| MICHAEL BURAK|Other Service Provider|$21,120|—|$21,120|

| FRONTLINE MANAGED SERVICES|Other Service Provider|$19,834|—|$19,834|

| MICHAEL J COMERFORD, P.C.|Other Service Provider|$16,450|—|$16,450|

| HILB GROUP|Other Service Provider|$16,000|—|$16,000|

| MARIANNE STAITI|Other Service Provider|$13,500|—|$13,500|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,532,247

- **Estimated Expense Ratio:** 9.152% 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|

| 2025|$8,814,896|$34,792|$232,281|$36,600|—|

| 2024|$1,459,295|$36,783|$365,760|$64,500|—|

| 2023|$1,302,642|$43,161|$268,223|$40,681|—|

| 2022|$1,250,666|$43,803|$314,920|—|$162,010|

## Similar Plans

- [Plumbers Local Union No. 1 Employee 401(K) Savings Plan](https://planprovider.pro/companies/plumbers-local-union-no-1-employee-401-k-savings-plan-plan) — 5,887 participants

- [Board Of Trustees Steamfitters' Industry Supplemental Retirement](https://planprovider.pro/companies/board-of-trustees-steamfitters-industry-supplemental-retirement-plan) — 3,555 participants

- [Metal Trades Branch Local 638 Pension Fund](https://planprovider.pro/companies/metal-trades-branch-local-638-pension-fund-plan) — 3,333 participants

- [Steamfitters Industry Security Benefit Fund Board Of Trustees](https://planprovider.pro/companies/steamfitters-industry-security-benefit-fund-board-of-trustees-136149681-504) — 3,281 participants

- [Plumbers Local Union No. 1 Welfare Fund](https://planprovider.pro/companies/plumbers-local-union-no-1-welfare-fund-111538293-503) — 2,647 participants

- [Steamfitters Industry Welfare Fund Board Of Trustees](https://planprovider.pro/companies/steamfitters-industry-welfare-fund-board-of-trustees-131545680-502) — 2,208 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/international-union-of-operating-engineers-welfare-fund-local-295-111964991-501)

© 2026 PlanProvider.Pro